legislation instituted in 1996 by Governor Pete Wilson (Republican). Enron took advantage of this deregulation and was involved in economic withholding and inflated price bidding in California's spot markets. The crisis cost $40bn to $45bn.
3-(2). Another view of the reasons for bankruptcy
① Fraud of private enterprises
FTCR, Foundation for Taxpayer and Consumer Rights, submits thick r
legislation to restrict the president’s discretionary authority on trade issues → Reagan Administration took a strong stance
Group of influential US senators urged the US Agriculture Secretary Richard Lyng to recommend to President Reagan to declare a complete embargo on all European beef imports.
⇒Speculation : The congressmen were captured by the interest groups that wanted the go
productivity, which results in differential inflation rates. For example, if you are a U.S. investor and you have stocks in Canada, the return that you will realize is affected by both the change in the price of the stocks and the change of the Canadian dollar against the U.S. dollar. Suppose that you realized a return in the stocks of 15% but if the Canadian dollar depreciated 15% against the U.
production.
이자: 생산의 자본 요소로의 이윤
Interest rate targets : Targets where the monetary authorities would like interest rates to be. Sometimes targets are designed to control money supply growth.
금리(이자율) 목표: 금융 당국이 원하는 금리의 목표. 가끔 목표는 화폐 공급의 증가를 통제하기 위해 계획된다.
Intermediate goods : Goods
product on the market.
Strengths
Stores on a large scale all over the world
Leading company in natural beauty products market
Eco-friendly image
Charisma of Anita Roddick
High level of brand awareness
Weaknesses
Because of Against Animal Testing, the effect of The Body Shop ‘s products is not verified. And another point is that compared
of the population
Baby boomers include people born between 1946 and 1964
Most affluent Americans
Markets are becoming more diverse
International
National
Includes:
Ethnicity
Gay and lesbian
Disabled
Legislation regulating business
Increased legislation
Changing government agency enforcement
Increased emphasis on ethics
Socially responsible behavior
Cause-related marketing
members
Leverage repayment pressure through weekly repayment system
Create self-employment and profit making opportunities for sustained rural economic development
The role of government
in improving human capital is important:
- providing education and healthcare
- overall economic/industrial policy reform
- improving industry infrastructure
- business and production training
IKEA offers a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible will be able to afford them. To make good products at low prices, it needs to develop methods that are both cost-effective and innovative. IKEA becomes one of the first manufacturers to produce furniture with patterns produced directly on fiberboard and particleboard. IK
treaty to prohibit the further production of fissile material for nuclear weapons or other explosive devices.
ⅱ. The United Nations Convention on Certain Conventional Weapons, seeks to provide new rules for the protection of military personnel and, particularly, civilians from injury or attack by means of fragments that cannot readily be detected in the human body by X-rays, landmines
production is increased.
평균 고정 비용 : 전체 고정비용은 산출량으로 나눈 것. 생산이 증가하면 평균 고정 비용은 감소한다.
Average physical product : The total physical product (output) devided by the number of units of a factor used.
평균 물적 생산성 : 요소 단위로 나누어진 전체 물량.
Average revenue : Total revenue devided by the q