... everyone and most people are very elated about the recent inflation rates. Labor markets are tight therefor inflation is a threat but because of the biggest drop in energy prices in seven years inflation was practically eliminated. Last year inflation was set at 1.7 percent and most economists don’t expect this to rise above two for this year. Some are even Considering deflation to be the next step. In 1949 and 1955 were the only two other times that the CPI has declined. Despite this obstacle some believe it is a remote possibility. Jane Bryant Quinn reported the pluses of the deflation. “When labor productivity rises-up 2.4 percent by most recent ...

... average vacation to Orlando lasts only five days. Universal is gambling that since that average is not predicted to rise, with ‘Islands’ it will appeal to a larger customer base, as well attract potential Disney customers. ‘Islands’ employs five theme-based areas, constructed around a lake, that include high-speed thrill rides, water rides, and an actual life sized replica of ‘Jurassic Park’. Universal uses a strategy of appealing to 10-15 year olds—older thrill seeking kids at an age they claim are no longer interested in Mickey Mouse. Universal Studios Florida sold a mere $9 million worth of tickets to its park last year, versus the $41 million that nearby D ...

... got caught up in the race to make a killing. They invested their life savings, mortgaged their homes, and cashed in safer investments, such as treasury bonds and bank accounts. As the prices continued to ascend, some economic analysts began to warn of an impending correction, but they were largely ignored by the money-hungry population. Many banks, eager to increase their profits, began speculating dangerously with their investments as well. Finally, in October of 1929, the buying craze began to dwindle and gave way to an even wilder selling craze. The bottom began to fall out on Thursday, October 24, 1929. Prices dropped precipitously as more and more ...

... companies and spinning off their components, under the theory that their size and diversity inhibited their competitiveness ... breaking up is the right answer for some big companies ... for us it is the wrong answer.²1 For us the new trend is the entrance into the service industry. The question must then be: is this the right answer? GE is expecting to increase its revenue by the year 2000 to $120 billion compared with $58 billion in 1990. In other words, if the forecast proves to be correct, it will obtain an average annual rate of growth of 7.5%. This high rate is mainly attributed to the expansion of the services sector of the company, which is estimated ...

... The first time there was talk of privatizing the Postal Service was in 1979 when the Postal Service was losing vast amounts of money in the long run. But since the Postal Service is a necessity for America, the government had to subsidize the service in order for it to continue in operation. In 1979 the United States Postal Service had a cash flow of $22.5 Billion and was additionally receiving $176 million from investing(#1, Intro). Even with this added revenue the Postal Service was still greatly under funded on its own (#1, Intro). During this time it was discussed to privatize the postal service and introduce competition because of the ext ...

... of active, sector selective industrial targeting. Japan used basically the same model during both historical periods. The Japanese government would focus its tax incentive programs, subsidies, and R&D on what it saw as emerging industries. During the Meiji period Japan focused it's attention on emulating western technology such as trains, steel production, and textiles. The Meiji leaders took taxes levied on agriculture to fund the development of these new industries. Following World War II Japanese industries used this same strategic industrial policy to develop the high-tech, steel, and car industries that Japan is known for today. Some American industries are ...

... to protect human life from diesease organisms. Many benefits of NAFTA leads to the fact that more factories would be built, even though, the signatory had agreed upon the environmental laws, but the rapid growing factories would still effect the environment more or less. If there happen to be an accident which could've been unproper dispose of chemicals. According to the agreement, the signatory could be fined, however the damaged that's done could not be recovered. I personally think NAFTA is a benefactor to the environment that we are living in right now. Despite the fact of the small chance that our environment might be damaged due to signatory d ...

... There was also concern by Yardeni for the "uncertain profit picture of cyclical and industrial stocks in the next quarter or two ahead". Yardeni also believes that the short term will be rough on "companies pricing power and profit "margins" because of the current disinflationary trends. He is also concerned with the continuing job losses because of downsizing, right sizing, and mergers. He believes that these things will "take their toll on employment and consumer purchasing power." In spite of all these short-term woes that we're faced with, Yardeni is still quite optimistic about our economic future. He recently published a report entitled "10,000 in 2 ...

... or internal. The key is to determine the gap between what the customer needs and what the system delivers. Once the gap is recognised, it would be systematically reduced and results in never-ending improvement in customer satisfaction at every level. TQM depends on and creates a culture in an organisation which involves everybody in quality improvement. Everyone in the company can affect quality but must first realise this factor and have the techniques and tools which are appropriate for improving quality. Thus TQM includes the marketing and dissemination of quality and methods not only within the organisation and customers but also to suppliers and other par ...

... chemical companies are located in Switzerland as well. Switzerland has an internationally oriented, open economy, which has a high savings rate, a highly skilled workforce, and a very well developed manufacturing sector. On an annual average, inflation rose from 3.2 percent to 5.4 percent, which is worrisome because Switzerland is considered a low-inflation economy. On June 2, 1991 Swiss voters rejected a government sponsored tax which would have modernized Switzerland’s tax system by a tax called Value Added Tax. The Swiss currency is called the Swiss Franc, and 1.5 francs equal one U.S. dollar. The new common currency adopted early this year called the Eur ...