Essays on Economics

Businesses in this modern landscape rely greatly on their employees to gain a competitive edge in their niche. The employees contribute now more to the success of a business than most of the other factors of a business. The personnel are directly responsible for improving the efficiency and the functionality...

This is a research paper about the middle office. And will start by defining the term middle office and explain the origin of this term and when it was first used. This research paper will also describe the various type of structure, composition, and characteristics of the back, middle and front...

The McDonald is one of the largest fast-food companies operating in different countries. In the UK, this company has been using different strategies to ensure that it stands out in the market. Although this company has been striving to ensure that it attains its goals, there are various external factors...

A work environment is considered unsafe for the employees when they are unable to deliver the tasks required of them because of dangerous physical conditions. Such hazardous physical conditions might include broken equipment, exposed wiring, asbestos, or hazardous materials (Hoeven, 437). The unsafe physical conditions can be of effect to...

The business environment has increasingly faced numerous changes over the past years, an aspect that has compelled the adoption of certain proficiency skills in the current work place environment. While employees have often adopted various skills and competencies to improve their productivity, certain skills have demonstrated to be effective and...

From the table, it can be noted that fifteen out of twenty-five orders were successfully shipped on schedule. This would represent about 60% of the customer satisfaction. The degree of customer service provided at Kayaks is established on the order fill rates. Through this Kayaks will ensure that the demands...

When an employee is treated differently in a workplace because of some external irrelevant qualities such as skin color, gender, origin, religion or age it is called inequality or discrimination in the workplace. Legally an organization is bound to treat all the employees equally. Inequality may take place either in...

The UK Decision to Leave the EU The UK decision to exit as a member of the EU after the majority of its citizen voted in support of the move on 23rd June 2016 raised a lot of questions from political scientists and economists due to the uncertainties that exist on...

One of the most fundamental concepts in microeconomics is that of utility. Utility typically refers to the satisfaction that a buyer derives from the purchase of a good or service. Total utility is often defined as the number of utility units that are obtained by a consumer from the consumption...

These are policies attempted by the government to increase the country productivity, therefore shifting the aggregate supply right (Gillespie 2016, p.409). The policies include free-market: these are the ones that aim at increasing competition in the supply side of the market. They include privatization, reduced union powers, lower income rates...

Scarcity induce psychological alluring attribute in customers towards goods and services. Psychologists argue that the only way to make a product desirable to customers is by making it scarce (Sobel.A, 2013). Rebecca Ratner, A professor of marketing At the University of Maryland’s Robert Smith School of Business, in an article...

Consumerism is the idea that increasing consumption is the best way to improve a country’s economy. It involves putting the needs of the consumers first and could be the motivation behind terms such as, “The customer is always right.” Furthermore, consumerism enables consumers to have access to luxury goods (Barber...