Economic Conditions Essay example
High school
Essay
Finance & Accounting
Pages 6 (1506 words)
Download 0
Economic Conditions  The condition of the global economy during the years 2006 until 2008 was poor due to the global financial crisis. The economic conditions during those years were as follows:   1. Global industrial production quickly declined starting from 2007 until 2008 due to high oil prices  2…

Introduction

U.S. gross debt increased in terms of percent of GDP 7. Nominal value of the U.S. dollar against all major currencies  In looking at actual data, there was a huge economic downturn during 2008. Despite this, retailers’ sales revenue increased when compared to 2006 and 2007. There was little effect on revenue growth in 2008 compared to 2007, but there was still considerably high revenue growth. The actual revenue growth of 2008 was also higher than the forecasted revenue for 2008.   According to the analysis, the economic downturn did not affect any area of the organization. All regions showed revenue growth during 2007 and 2008 (see Table1.4). This growth indicates that the economy had the same impact on all areas and had no effect on the revenue growth of its products.  By analyzing each area’s revenue, we can look and see if each area has special customer behavior that may affect its revenue. For example, the Web region shows the least amount of revenue (see Graph1). This means that customers prefer an in-store experience over an online one. Customers purchasing behavior depends on geography, gender, age, and the factors of the market. There are other factors that affect customers’ buying behavior. ...
Download paper
Not exactly what you need?

Related papers

Macroeconomic convergence, financial development and economic growth: CHINA
This paper reviews several articles which focuses on the economic growth of China and the impact of all the internal and external factors. The Economic Rise of China: Threat or Opportunity? In this article the author has focused on the international aspects of economic development in China. China has changed its foreign trade policies since 1978 when it encouraged free trade and abolished trade…
The drivers of Taiwan's economic growth between 1949-1990
There was nothing supernatural about them. These include the reason for the US aid, the training of the workers for the German optical lens factory and the infrastructure development by Japan to support its war efforts. In addition to these existing benefits, the decisions and actions of the policy makers fetched the unexpected results. While they formulated the policies they themselves were…
economic
Primarily they concentrate on the production of cigarettes however they also produce cigarillos, roll your own or pipe tobacco and smokeless snus. The production of tobacco results in a lot of unintended outcomes of production also known as externalities. A lot of these resulting externalities are negative. According to N. Gregory Mankiw- A, a negative externality is an action of a product on…
Understanding Economic Globalization
Understanding the Globalisation …
Economic Value Added
Thus it requires managers and employees to focus on how capital is utilized and how it generates cash an important idea for all investor analysis of a corporation. There is usually a common goal for all corporations which are to obtain capital and earn a return rate exceeding that of the capital. In order to achieve this goals EVA measure the amount of money left after deducting the capital thus…
‘Systemic Risk’ and ‘SIFI’ and Global Economic Crisis
However, between 1940s and 1980s, there were less bank runs in USA, mainly due to tight legal framework and due to the transformed atmosphere. However, the banking tighter regulation in U.S.A not proved to be satisfactory as more than 250 banks filed insolvency petitions between 1980s and 1990s. In 1990s, Asian countries witnessed an economic turmoil as a result many banks in those regions failed.…
Microanalysis of the recent Market, economic conditions, and the outlook
The good returns in March were attributed to positive economic data on employment and retail sales. In S&P 500, stocks listed in all sectors ended the month in a positive territory led by healthcare, utilities and consumer staples sectors which were among the best performing. The investors mainly bought into stocks offering relatively high dividend yields, strong brands, and some other business…