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Essays on Economics

401(k) Plans
Download This PaperWords: 822 - Pages: 3

... amount of dollars (usually pre-determined personally by the employee) before taxes are withheld This portion of the employee's paycheck is put toward his or her retirement. What some companies prefer to do in order to make the 401(k) plan more attractive for employees, is to match each employee's investment in the plan by a certain percent. Here is where the problem comes in. Though some companies match contributors either with cash or with a direct credit to the plan, other companies match with corporate stock. According to Richard Sasanow, a former assistant of public communications at Ernst and Young, "many experts consider this to be one of the riskiest ...



Budget 97
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... the last few years, the Liberals feel that they can balance the budget in the next two years. This is important because it will allow the government to halt their foreign borrowing to finance the deficit. This greatly helps the credibility of Canada and puts the country's destiny back into domestic palms. With this said, Martin announced no new tax increases, although the raise in the Pension Plan could be considered a hidden tax increase. Martin announced no new spending cuts in this budget although cuts made in previous budgets are set to slash 3 billion more dollars this year. There was some extra spending sprinkled into various areas. For starters, a new ta ...



Maximizing One's Profits
Download This PaperWords: 1154 - Pages: 5

... OS called "Oikawa OS", my company becomes the largest company in the world. So, I decide to buy two dream cars with a down payment from the bank. After several years, I plan to buy a house due to getting married and having baby. To buy a house, I also need a down payment from the bank. For this time, I decide to make a payment schedule to see how much I have to pay back each month. For marriage and babies, I withdraw all of my money in tern deposit. For retirement, I make some profit to lend money to some companies to help. I also try to travel around the world until money run out. Start up I graduate from UBC at this time and I tries to found a computer ...



The Business Life Of Ancient Athens
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... city, living off small amounts of money that came from doing state services. During this time, many people learned ways of math because they needed to know how much grain is needed per person. Although these calculations are not totally accurate, they are a start in banking and maybe even other ways of mathematics. The Peloponnesian War also occurred- leaving Greece(Attica) with nothing. Attica was forced by famine to go under Peloponnesian rule. By now, trade had come in an uproar. Many people had found it easy to trade by sea. So many merchants with not enough money would borrow money from rich people and then buy cargo space on a ship. In most cases the me ...



Dix And Eaton Public Relations Firm
Download This PaperWords: 437 - Pages: 2

... because I thought that most public relations firms only dealt with one area for the public. For example, a public relations firm that only deals with healthcare clients. Therefore, Dix and Eaton does not specialize in any one area, but they do have expertise in investor relations. It is nice to know that Dix and Eaton is very broad to many areas and represents many companies. It also is positive that this firm has served more than half of these clients for five years or more. This is probably why Dix and Eaton is ranked among the top fifteen independent firms. Therefore, this firm has good relations with each client if the client is willing to stay with Dix and ...



The Advantages And Disadvantages Of Incorporating A Business
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... at any time without affecting the operations of the corporation. Also, shares can be bought at any time. Another big advantage of incorporating a business is that corporation have limited liabilities. This means that the corporation is responsible for its own acts and obligations under the law. This characteristic protects the stockholders of the corporation because the only financial loss that they may suffer is limited to the amount invested. Also, the creditors of the corporation can not go beyond the assets of the corporation to satisfy their claims. The stockholders or the shareholders are the ones who have control over the management of a corporation's oper ...



Issues To Consider When Implementing A Corporate Code Of Ethics
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... have implemented a corporate code of ethics (Cavanaugh, 1997, pp. 796-811). A company in today’s high tech world that is deciding whether or not to be socially ethical needs to consider the following: the cost of being ethical, conflicts between goals and values, and the models of ethical decision making as companies encounter increasing pressure from the public to be socially accountable for their actions. During the dawn of the new public awareness of social responsibility economist Milton Freidman (1997) argued that corporations cannot have social responsibility because they are not real, they are intangible and emotionless. Only human beings are able to ...



Marketing Research On The Auto Industry
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... | Trabant | Triumph | Tucker | Vauxhall | Vector | Volkswagen | Volvo * Market structure The type of marketing in which we are concerned with can be categorised as industrial marketing. This means that we are making specialised products that are sold to car companies and manufacturers rather than the general public. The obvious reason for this is that the product is assumed to be fitted onto cars by engineers only. * Industry output Below is the statistics on car production. This information is required as we need to identify growth potential which is the key to find a new opportunity. A growing market is where prices and margins are higher and therefore mo ...



Make-Up Art Cosmetics
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... sales were steady. Then in 1990 the money really started to pour in, hitting $8.5 million then $18 million in1991. Last years sales (1996) were $70 million and now this years' estimations are a substantial $160 million. There are currently 108 locations between Canada, the U.S., and Europe, with extreme success in London, England. Although the company could easily expand to may more locations, the company would prefer not to, at least no so fast. They believe that in order to maintain high levels of quality, staying in control, (which means going slowly) is the key. Frank Toskan, 45, founder and CEO of Make-up Art Cosmetics, was previously a Canadian hairstylist, ...



Business Process Redesign Or Reengineering
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... They were about to begin selling their products in the international market, and were afraid their current systems could handle the rapid increase in volume. So the company president, Craig Jennings, hired the D. Appleton Company (DACOM) to help reengineer the company's plans to handle its growth rate. After DACOM reviewed Hydrel's functional areas and the desires of the top-level management, they concluded that the order management and inventory control process had to be redesigned to meet the demands. Then they comprised three teams: process, quality, and information. But before the three teams could work separately, they had to go through a process to determi ...




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