Essays on Business

Supply and Demand of Mobile Phones Almost every individual across the globe uses mobile phones services and due to this product has many manufacturers. The primary producers are Samsung and Apple conglomerates which have dominated the contemporary market. There is, therefore, stiff competition in the mobile phone market and every firm...

The Market Dynamics for Coca Cola Company The market dynamics for different products and services in the market are diverse. Therefore, the purpose of this essay paper is to analyze the market dynamics for the Coca Cola company. The demand of a product can be influenced by many factors: taste and...

The Importance of Stock Markets in Economic Growth The tremendous economic growth witnessed in developing countries over the last decade can, partly, be attributed to entrenchment and strengthening of the free market policies. Such policies include those designed to encourage local and international firms to list in the respective countries’ stock...

Cryptocurrency refers to a digital currency created and managed through application of encrypted techniques or cryptography. The introduction of the Bitcoin in 2009 opened an avenue for cryptocurrency trade and in 2013; it peaked to about $266 per bitcoin (Rosec). All transactions are done via network rendering it free from...

With the changing state of the global economy Many governments and interest groups have emphasized on the minimum wage that should be paid in their different countries. Although the move is aimed at protecting workers from exploitative employers, it also affects other aspects of the economy including employment, government income, corporate...

Different market systems exist that depends on the industry and the firms within the industry. It is essential for the business owners to understand the kind of the market they are operating in before they make price and output decision. In the case of a company that is owned by...

        In Australia, the printer market is extensive as evident by the number of sellers dealing with the product. Approximately, there are about of printer producers in the country. The main sellers include Samsung, HP, Canon, Brother DCP, Epson. Even though there are many companies dealing with printers, some there...

One of the products that have been contributing to the growth of the U.S. economy is the iPhone 6 plus In the year 2015, the sales from iPhone 6 formed 10% of the economic growth and 0.3% of the GDP change in America (Ross, 2017). However, over the years, the sale...

The Allegations Against Microsoft The article by Fiegerman discusses the allegations against Microsoft on the issue of gender discrimination and sexual harassment. The author notes that employees of Microsoft have reported 108 cases of sexual harassment and 119 incidences of gender discrimination between 2010 and 2016. Apparently, the company has allowed...

Observations on Product Characteristics Most of the products observed have significant differences in price while those that face stiff competition have slight variations in price. From the logos, colors, design, and packaging the products are entirely different, and one can quickly identify a product based on the color or design of...

This paper explains the main factors which has contributed to the increase in demand for iPhones in the United Kingdom. It also provides evidence to support the argument. Data, diagrams, and graphs are also used to illustrate and explain the factors. The increased uptake on mobile phones has been influenced by...

The paper analyzes a recent transaction which involves the purchase of a smartphone from Samsung Electronics Co. Ltd. In terms of consumer preference, the decisions to buy the smartphone from Samsung was due to its high-end features and low prices compared to other smartphone devices. Consumer preference and choices in...