Free Essays on Monopoly to Get Inspired & Learn by Example - Page 5

Demand

Using standard economic theory we can define demand as the quantity of goods and services that consumers want to buy at different prices. This definition of demand is based on the assumption that, all other factors that affects demand remains constant when we consider the effect of price on the demand for any good or service. To put it more simply, we know that demand is affected by a number of factors like price of the product, the income of the individual, the price of other related products, the consumer’s tastes and preferences, and even government policies. When Continue reading...

The theories articulated by Hamilton and Jefferson on the powers of the federal government as directed by the US constitution form part of history of laws. The theories termed broad and strict construction give an explanation of the powers of the federal and the state government. According to strict constructionists, the Congress should have the opportunity to exercise few powers so that the government remains small while broad constructionists held that the Congress should have many powers so that the government can play an important and greater role in shaping the events of the day in a country. Most Continue reading...

Is Chindia a Friend or a Threat?

Nations create ties as a sign of camaraderie. Hence, organizations like the United Nations and the World Trade Organizations are formed. These organizations strengthen the bond that nations form and ensure that protocols are followed in the engagement of ties and bond between nations. However, there are often more to just mere camaraderie when nations affiliate among each other. For example, the United Nations was formed to ensure that nations will no longer engage in hostile situations that would succumb each to participate in war (United Nations Organization), while the World Trade Organization ensures to keep nations fully aware Continue reading...

Totalitarianism - the socio-political system that for the specific purposes of its creators committed to the total control over the entire life of the community and all aspects of the life of each individual.

The main features of a totalitarian regime are :

The presence of the official total ideology, whose main objective is the legitimation of the political regime and its course;
Monopoly of one party to power, not limited by any law, and even the charter of the party itself. Avoiding any ideological dissent and political opposition;
Fusion of party and state apparatus, when the head of the party and state are one and the same Continue reading...

Purpose

In 1789 the autobiographical book The Interesting Narrative of the Life of Olaudah Equiano, or Gustavus Vassa, the African was published by a former slave. The book reveals the horrors of slavery he witnessed. This book has played a significant role in the abolitionism movement in Britain. In the extract of the book presented Equiano describes how he was captured and enslaved by African slave-traders and eventually sold to European slavers that carried him to the continent. The author of the article mentions that recent research proved Equiano wasn’t originally born in Africa and his book is a Continue reading...

Business Level and Corporate Level Strategies

Wells Fargo is a multinational financial and banking enterprise, which is American based. Its head quarter is found in San Francesco in California. Wells Fargo is considered in United States as fourth biggest bank in term of assets and is considered as largest bank in term of market capitalization. Wells Fargo is on second number when regarded in terms of its deposits, debit card and home mortgage services. In United States it is declared as 23rd biggest enterprise in 2011. This bank is rated by Sap as AAA. Wells Fargo has many mini-branches and has a lot of customers. Continue reading...

Introduction

Starbucks is a retail coffee company founded in 1971 by Gordon Bowker, Jerry Baldwin, and Ziv Siegl with the intent to sell the finest quality coffee (whole bean and ground) (Hoover’s, 2015). In 1982, after expanding from one to five retail stores, a fifth team member (Howard Schultz) was brought on to manage marketing and sales (Hoover’s, 2015). Schultz introduced the idea of a coffee bar, and opened Starbucks’ first coffee bar in downtown Seattle in 1984 (Hoover’s, 2015). In 1987, Howard Schulz became president and CEO (Hoover’s, 2015). Expansion efforts during the 1990’s Continue reading...

Business Level and Corporate Level Strategies

Introduction of Company
Coca cola is the leading company in the world that produces carbonated soft drinks and supply all over the world. The origin of coca cola was started when john pemberton invented a medicine and when water is mixed with it taste amazing. Coca cola was introduced in market by As a Griggs who was a leading and competent businessman. With his good business and marketing strategies coca cola soon become a famous soft drink business. Coco Cola Company makes concentrate and then this concentrate are sold to other licensed companies of coca cola all over the Continue reading...

Introduction

The operation of a firm is affected by a number of exogenous and endogenous factors. The pricing strategy of the firm is an important decision which depends on a number of issues like the elasticity of demand, the degree of market competition, the cost and supply conditions, the existing tax rates, demand potential and such others. The marketing strategies followed by the firm in the form of advertisement campaigns, new innovations, direct sales promotion measures are also important in determining the profitability of the firm and its ability to maintain its market power in the long-run. The production technology, Continue reading...

The book “American Colossus: The Triumph of Capitalism, 1865-1900,” is one of the most important literary works that explains about the transformation of the United States into a supreme power post the American Civil War. In his book, author H. W. Brands gives an account of how America was able to achieve the status of the most technically advanced country in the world in terms of production and economy. He portrays a broad picture of America, focusing on the growth of economy in a social and political context. While America was importing steel from Britain in 1860, the country Continue reading...