Essays on Economics

In economics, consumption of luxury goods, also known as upmarket good, rises more than proportionally as income increases. The upmarket products are characterized by the high-income elasticity of demand since as individuals acquire more wealth, they tend to buy more of luxury good. Additionally, Kapferer (2006, p. 316) clarifies the...

In a world where the means and methods of communication are rapidly evolving, and technological advancements influence every aspect of life, businesses will have to use the new technologies to their advantage. Among the emerging technologies that enterprises could leverage to help the operations are the new media of communication;...

In 2016 the number of unhealthy workers reached over three billion across the globe, and this number continues to rise. Among these three billion workers is an alarming increase in older workers who are generally less healthy. Also, there is over two million work-related deaths and over 300 million work-related...

If one would have desired to start a business, it would have been difficult a decade ago. However various improvements in starting a business have been put in place as the years of various CEE countries in EU increased. Currently there has been a great improvement of business environment in...

Good customer service is vital to the survival of any business in any industry. Despite this, companies in Jamaica have little appreciation of how important this is. My focus will be on the banking industry in Jamaica, with emphasis on customer service at the National Commercial Bank. Customer service in banking...

Globally, the Jewellery industry has witnessed exponential growth concerning sales volume, the variety of jewels traded, market share for industry players and most importantly, profits in the past half-decade (Euromonitor International, 2018). The recession of 2008 to about 2013 significantly impacted on service industry sections such as jewelry in Britain...

Globalization has influenced business operations as it creates opportunity for utilizing and sharing technology, knowledge, behavioral norms, and values that enhance development. Changes resulting from globalization rapidly impacts the current generation, particularly as a result of innovation promoted by information technology. Pret A Manger is composed of experienced leadership team...

Globalization has continued to reduce the world into a single community whereby people from different countries and who identify themselves with different cultures have come together hence resulting in the formation of bicultural societies (Christiansen 2012, pp.41-76). A bicultural society is one in which there co-exist people belonging to two...

G-chain is an online decentralized marketplace that provides a platform for business to business exchange of value. None of the products listed on the vendors’ profile are owned by the firm. Rather, the individual vendors on the platform are the owners. The firm just facilitates value exchange between demand and...

FTSE 100 could be termed as one of the most significant global indices in terms of performance and volatility. The index at the same time is also the most followed stock index in the United Kingdom. In comparison, it could be argued that in terms of volatility, FTSE 100 has...

First, profound gratitude goes to my research supervisor [title] [Surname] of the [Faculty name] at [Institutional affiliation]. The entry to [Title] [Name] office was at all times open whenever I encountered any difficulty or had query concerning the research. [He/She] consistently permitted this study to be my individual research work, although...

Factors Which Can Lead To Failure Of A Successful Implementation Of The New HCM And Change Management System.. 5 PESTEL Analysis Of Environmental Factors Which Can Affect The Implementation. 6 SWOT Analysis. 8 Factors Which Can Lead To Successful Change In An Organization. 8 Models To Effective Organization Change. 9 MAIN RESEARCH.. 13 CONCLUSION.. 17 RECOMMENDATIONS. 18 REFERENCES....