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IT Outsourcing, 2007.
A discussion of the advantages of outsourcing in information technology.
4,798 words (approx. 19.2 pages), 35 sources, APA, $ 122.95
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Abstract
This paper examines the benefits of companies outsourcing projects, especially in the area of information technology. Outsourcing is defined and reasons are given why a company may decide to use outside contractors over in-house employees. Various countries that have profited from outsourcing are listed, followed by a discussion of how outsourced jobs may affect the US economy. Globalization as it relates to outsourcing is analyzed. Next, the paper devotes a large section to IT outsourcing, which includes a list of the benefits of this way of doing business. The paper concludes by acknowledging the role of management in making an outsourcing project successful.
Outline:
Introduction
Outsourcing defined
Outsourcing in Developing Countries: the Aftermath of Globalization
Table 1. The Role Played by the Developing Countries in Trade and Capital Flows
Table 2. Regional perspective on the Effects of Globalization.
Table 3. The Effects of Globalization in Selected Countries
Global IT Outsourcing
Conclusion
From the Paper
"There are many reasons why outsourcing or contracting out work is more preferred rather than developing in-house talents. First, it is seen as more cost-effective (Domberger, 1998)-for example, a contracted personnel from other countries require only smaller salary because of the certain standardized salary scheme within the country; second, to cut cost and refocus resources (Holt, Kennedy, Rehg & Ward, 2002) . A large company with numerous personnel with no specific work is the same with a company with smaller personnel but with specified work. This was done through outsourcing of different functions from different sources. And third, lower investment in internal infrastructure (Reaser, 1996), it will be built instead to the outsourced country. "
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"The New Economics", 2007.
This paper analyzes "The New Economics" by W. Edwards Deming.
1,430 words (approx. 5.7 pages), 1 source, MLA, $ 47.95
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Abstract
The paper relates that in "The New Economics," Deming offers a vision for industry, government and education based on effective knowledge, information management and sustainable growth. The paper asserts that the author is profoundly optimistic and forward-thinking in his views of knowledge, human potential and the capacity for positive transformation. The paper discusses how Deming extends far beyond the scope of textbook economics, looking at issues related to human welfare and well-being. The paper concludes that "The New Economics" offers a visionary theory of revolutionary change, not just in American economics but in American culture.
From the Paper
"The New Economics is succinct: less than 250 pages including the index. Accessible in its tone and layout if not its writing style, the book remains viable as a trade book but its author's background and credibility and his theoretical underpinnings make The New Economics required reading for students, scholars, and professionals. The crux of The New Economics is what Deming calls "A System of Profound Knowledge," which he outlines in detail in Chapter 4. The book is divided into ten sections plus an appendix and index."
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O.M. Scott and Company, 2007.
This paper provides a profile and case study of O.M. Scott and Company.
1,463 words (approx. 5.9 pages), 3 sources, MLA, $ 48.95
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Abstract
In this article, the writer explains that the O.M. Scott leveraged buyout case was an example of 1980s creative financing, in which a large corporation in deep debt was able to not only be bought out by a company it then took over, but gained momentum and credit credibility. The writer further explains that O.M. Scott manufactures, markets and sells lawn care and garden products; and provides garden maintenance services. The writer points out that O.M. Scott & Sons was sold and became a closely held company following the war, when, in 1971, it was bought out by ITT. O.M. Scott & Sons remained within the conglomerate until 1986. In this article, the writer looks at related problems and discusses possible alternative courses of action.
Outline:
Introduction
Background of Company
History
Analysis of Case
Major Problems
Alternative Course of Action
Analysis of Alternatives
Conclusion
From the Paper
"At the end of fiscal 1961, Scott and its subsidiaries had $16.2 million of long-term debt outstanding, $12 million in renewable five-year subordinated notes of the parent company held by four insurance companies and a trustee, and $4.2 million in publicly held bonds owed by Scotts Chemical Plant, Inc., a wholly-owned subsidiary."
"The governing loan indenture limited the company's maximum outstanding debt to an amount not greater than three times the company's "equity working capital" as of the preceding March 31. The note indenture restricted outstanding subordinated notes to only 60% of maximum allowed debt. The agreement also required that Scott be free of bank debt for 60 consecutive days each year and that the company earn before taxes one and a half times its fixed financial charges, including interest on funded and unfunded debt, amortization of debt discount, and rentals on leased properties."
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Supply and Demand, 2007.
An analysis of concepts behind supply and demand.
815 words (approx. 3.3 pages), 2 sources, APA, $ 29.95
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Abstract
This paper examines the concept of supply and demand by giving clear definitions and examples. Basic economic terminology is presented and is further illustrated with concrete examples. The paper uses the demand for physicians in the US to describe supply and demand, with practical ideas of how to increase supply.
From the Paper
"The rate of supply and demand may vary depending on the trend in the environment. One instance is when the people in one community are so keen in holding or keeping some supplies for their own future personal use. While the people are keeping their stocks on hold, there will surely be dramatic changes in both the supply and demand, as well on the price of the commodities (Lee, 1992)."
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The Hungarian Gas Turbines Industry, 2007.
A strategic assessment of the microeconomic strengths and weaknesses of the gas turbines industry in Hungary.
1,203 words (approx. 4.8 pages), 5 sources, MLA, $ 41.95
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Abstract
The paper relates that the gas turbine industry is considered by many to be one of the most dynamic segments in the power generation industry. The paper examines the Hungarian energy market and discusses its strengths and weaknesses. The paper concludes with a recommendation for direct investment in Hungary in this industry, given the potential of the market and the perspectives for its development in the future.
From the Paper
"The Hungarian energy market is continuously growing to keep up with the diversification of the economy and with the constant increase in the level of industrial modernization. One of the threats for Europe and Hungary in terms of the gas turbine market is the high dependency to Russian energy sources. Indeed, as the recent energetic crisis have shown, the countries in Central and Eastern Europe are depending on Russian gas transports, as well as on the prices that Gazprom, the large Russian energy holding, sets."
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Outsourcing, 2007.
An analysis of the impact of offshore outsourcing on the American economy.
2,110 words (approx. 8.4 pages), 5 sources, MLA, $ 66.95
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Abstract
This paper discusses why outsourcing helps and protectionism hurts the United States' economy. It provides an overview of a series of articles and research papers which discuss the impact of offshore outsourcing on the American economy. It analyzes whether it is ultimately better for America to be challenged competitively or if it is more prudent to protect American industries.
Table of Contents:
Summary
Offshore Outsourcing Has Become the Political Football of Choice
Offshore Outsourcing Hits Iowans Hard
Evaluating Lou Dobbs' Commentaries on Offshore Outsourcing
Making American Manufacturing Lean: A Perspective
Conclusion
From the Paper
"Instead, the author takes the approach of looking at the concepts of lean manufacturing as the true point of differentiation and long-term growth of American manufacturing. Link (2006) argues that efficiency and cost reduction through lean manufacturing techniques can actually forestall or even stop the outsourcing of jobs en masse. The other side of this argument however is that many Indian outsourcing companies including HCL, Infosys, Tata and others can deliver a 40% reduction in the costs of doing a complex task or process, which would ironically alleviate the pressure on companies to outsource their core business. The author tends to applaud the Toyota Production System too often, and could have made the entire article stronger by showing the ironies of Toyota themselves doing much of their outsourcing work on non-strategic parts of their business so they could focus on the core aspects of next generation auto development."
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American Wine, 2007.
This paper explores the economics of the United States' wine industry.
1,984 words (approx. 7.9 pages), 4 sources, MLA, $ 63.95
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Abstract
The paper describes the history of the wine industry in the US and the benefits the growing industry provides to the economy. The paper offers statistics on wine consumption in the US and examines which are the wine-producing states. The paper looks at emerging trends that favor the industry and shows how the spread of wine tourism in virtually all states has benefited state and local economies.
From the Paper
"The wine industry in the US began small with most of it accounted for by import until its expansion in California in the early 20th century (Geisler 2006). It was prohibited for a time and then revived in the early 70s and directed by aggressive demands for better quality wine products. Between the 70s and the late 90s, wine consumption went up and down. By 2004, the US Department of Agriculture reported US wine consumption at 2.3 gallons. California has more than 1,800 of wineries in the USA and accounts for 90% of total US wine production."
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Newport Beach Budget Analysis, 2007.
This paper analyzes the Newport Beach community's public budget.
2,768 words (approx. 11.1 pages), 5 sources, MLA, $ 82.95
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Abstract
The paper explains that a public budget is influenced by a series of factors, including demographic, economic, social, military, historical or political factors. The paper relates that demographic factors, like population growth or demographic structure modification regarding age and socio-professional categories, determine the evolution of public expenditures and revenues. The paper therefore studies the demographic structure of Newport Beach. The paper provides the relevant statistics and highlights areas of growth and decline.
From the Paper
"The main revenue sources are: property, sales, and transient occupancy taxes. Also, the General Fund is supported by: licenses, fees and permits, intergovernmental revenues, charges for services, fines, forfeitures and penalties, revenue from the use of money and property, contributions and other miscellaneous revenue. The most important revenue source for Newport Beach is represented by property taxes, followed by sales tax and then by transient occupancy tax. These three most important revenue sources are responsible for providing almost 73% of total General Fund revenues."
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Economic Development, ICT and Poverty Reduction, 2007.
An examination of the link between economic development, information and communication technology (ICT) and poverty reduction.
1,765 words (approx. 7.1 pages), 34 sources, MLA, $ 56.95
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Abstract
This paper proposes a research study on the link between economic development, information and communication technology (ICT) and poverty reduction, specifically in the country of Ethiopia. The paper provides a literature review and summarizes the findings. The paper discusses the results that show how ICT development and implementation has the potential to transform the economics of a country, specifically one such as Ethiopia. The paper notes that there are barriers to implementation but it has been shown that they could be overcome.
Outline:
Objective
Introduction
Research Questions
Review of the Literature
Summary of the Literature Reviewed
Methodology
From the Paper
"The work of Ziadi and Kuofie (2006) entitled: "Impact of ICT on Organization in Tunsia" states the fact that in the face of changes that are economic and technological in nature companies become "more conscious of the importance of their structure, technologies and intellectual capital." These authors cite Zack (1999) in the statement of "This capital is considered as a not easily imitable competing weapon." Nonaka (1991) is cited in the statement of: "This is why the competitiveness of these companies is dependent on acquisition, creation, the localization and the renewal of the organizational knowledge." (Ziadi and Kuofie, 2006)."
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Unemployment, 2006.
A discussion regarding unemployment as a constructive aspect of economic life.
1,217 words (approx. 4.9 pages), 3 sources, APA, $ 41.95
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Abstract
This paper reviews the idea of unemployment being a constructive aspect of economic life. According to the paper, long term, unemployment is undoubtedly considered to be a negative phenomenon, with great costs for both the directly affected persons and the economy and society as a whole. However, the paper goes on to say that short and medium term unemployment is considered to have certain economic advantages.
From the Paper
"Unemployment also encourages certain people to start their own business. Most of these people are former employees previously trapped in dead-end jobs with no future, that after being fired from their jobs found the courage and the motivation so start a business of their own. This way, many little companies are coming along quite nicely. These small companies create labor demand that is satisfied by unemployed workers, therefore diminishing the unemployment rate on a medium term."
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Economics and Housing, 2007.
An analysis of the Wall Street Journal article "Housing Market Shows Further Signs of Cooling" by J.R. Hagerty and R. Simon.
715 words (approx. 2.9 pages), 3 sources, MLA, $ 25.95
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Abstract
The paper looks at the Wall Street Journal article "Housing Market Shows Further Signs of Cooling" which focuses on the beginning of the decline in the housing market. The paper discusses how the article explains that there has been a change in supply as well as demand, with substantial increases in the inventory of homes available for sale. The analysis in this paper uses economic theories of consumption and supply and demand to explain housing factors described in the news article.
From the Paper
"The article mentions that there has been a slow growth in personal income. Current income is the most relevant determinant of consumption including home purchases. Inflation reduces the real current income; thus, real consumption. The article states that the housing bubble pushed up housing prices, but new factors have also come into play such as higher oil prices and higher interest rates. Higher oil prices are serving as a tax on consumers, leaving them less money to spend on other goods such as housing."
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Industry in Singapore, 2007.
A business management research report on industry in Singapore.
2,767 words (approx. 11.1 pages), 18 sources, APA, $ 82.95
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Abstract
This business management report assesses the impact of external and internal factors on the Singapore industry and evaluates the Singapore industry-sector response. The paper focuses on manufacturing and cites Singapore's competition in Southeast Asia. The paper lists which industries make up the manufacturing sector, and states that there is continuous growth in this area. The paper then identifies where innovation and improvement is necessary in manufacturing. Charts and tables are used to illustrate this point. The paper also highlights some of the initiatives taken in manufacturing to keep Singapore competitive, and the impact of foreign equity investment. The paper concludes by stating that the government of Singapore has made many necessary changes and transitions toward positioning the country for economic growth.
Outline:
Introduction
Singapore's Manufacturing Sector (2006)
Innovation Needed in Singapore's Manufacturing Industry
Weaknesses Identified in Singapore's Manufacturing Sector
Innovation Is 'Key' In Singapore Manufacturing Segments
Singapore - Impact of Foreign Direct Investment (FDI)
Summary
Figure 1 - Percentage of Investors with a More Positive Outlook
Figure 2 - External Trade & Manufacturing - Singapore - November 2006
Figure 3 - International Comparison: Innovating Enterprises in Manufacturing Sector (Percentage of Total Number of Enterprises)
Figure 4 - Principal Statistics of Manufacturing - Singapore
Figure 5 - Components of Foreign Equity Investment (Stock at Year-End) 2003 and 2004
Figure 6 - Components of FDI (Stock at Year-End)
Figure 7 - Percentage Share 2003 and 2004
Figure 8 - Singapore - FDI by Region
From the Paper
"The work entitled: "The Pattern of Innovation in Singapore's Manufacturing Sector" published in January 2003 reports a study of Singapore's manufacturing sector through use of the results of the first national innovation system (NIS) survey. the study reports that Singapore "has a long way to go in its development of an innovation-based economy" but that progression "has been made, with companies making visible efforts to engage in innovation activities." This is important because as stated by the report "innovation activity" has been found to be "positively related to sales volume, sales, growth, employment growth and internationalization." (Ibid) "
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"The World is Flat", 2007.
A review of the book "The World is Flat: A Brief History of the Twenty-First Century" by Thomas Friedman.
845 words (approx. 3.4 pages), 2 sources, MLA, $ 30.95
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Abstract
This paper examines how the award-winning New York Times columnist Thomas Friedman. in his book "The World is Flat A Brief History of the Twenty-First Century", demystifies the new world for readers, letting them understand and sense the often mystifying global scene. The paper explains that Friedman discusses how the devastation of the world happened at the dawn of the twenty-first century, examines what companies, countries, communities, and individuals value and looks at how governments and societies can, and should adapt together .
Outline:
Analysis of the Book
Conclusion
From the Paper
"Additionally, the book can be declared as a sober assessment of the hazards of the era in which everyone lives, but of course with a hope. According to the author a nation with more memories and less dreams is in problem. As an example, he reminded America was once known by the world as a nation of dream creation and realization (Zakaria, 2005). But after the politics of post 9-11 America has wiped out much of that impression. However, it is not too late to change track to reinstate the focus on dreams and on future but the decision and action should be taken now (Jones, 2005). "
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'America's Anxious Class', 2006.
A review of Robert Reich's 'America's Anxious Class'.
1,435 words (approx. 5.7 pages), 4 sources, MLA, $ 47.95
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Abstract
This paper takes a look at 'America's Anxious Class' by Robert Reich. According to the paper, as secretary of labor during Clinton's administration, Reich focused on the relation of the government's economic party to the nation's economic health. The paper reports that it was his opinion that the nation should develop industrial policies designed for the nation as a whole rather than interest groups. The paper goes on to talk about the struggles of the American middle class.
From the Paper
"Secondly, the job growth was very slow after the Second World War and the wages became flat. "In inflation-adjusted terms, family incomes did not rise in any single year between 2000 and 2004. Almost all groups saw either declines or flat incomes during this period, with two small exceptions: High income families and Hispanic families saw minimal income increases from 2003 to 2004. But the overall declines from 2000 and 2004 were larger for minority families and lower income earners than for their higher-earning counterparts. For instance, from 2000, the last full year of the last business cycle until 2005, the inflation-adjusted incomes of black families declined by 8.2 percent, and those of Hispanic families dropped by 4.3 percent. White families saw their inflation-adjusted earnings drop by 2.5 percent over the same period. Low income families' earnings declined by 7.5 percent compared to a decrease of 3.3 percent for middle income families. In fact, the decline after 2000 for low income families was large enough to erase almost all income gains made by low-income families from 1989 to 2000" (Middle Class in Turmoil)."
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The Time Value of Money, 2006.
A discussion regarding the time value of money (TVM).
1,141 words (approx. 4.6 pages), 4 sources, APA, $ 39.95
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Abstract
This paper discusses how the value of money is different from one time to another, varying based on numerous economical components and events. According to the paper, aside from the purchasing power, the value of money also refers to the investment and profit opportunities granted by the sum of money an individual possesses.
Outline:
Executive Summary
Key components of TVM
Financial Implications of TVM
From the Paper
"The present value of money represents the current amount of money possessed by an individual, whereas the future value of money represents the potential gains due to an investment of the current financial resources. In the specialized literature, in an attempt to better explain the concepts of present value of money and future time of money, numerous economists have given the following example: I give you 100 dollars. You take it to the bank. They will give you 10% interest rate per year for two years. The present value is that of 100 dollars, whereas the future value is increased 121 dollars, the initial money plus the 21 dollars interest rate from the bank. "
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