Brazil Consumption - 1092 Words

Brazil – Consumption Analysis General Analysis The consumption and GDP data being considered for Brazil relates to the period 1996-2005. [1]The Consumption and National Income in Brazil during this period have risen in the same proportion approximately. The National Income and Consumption have been on a constant rise in the decade being analysed. The National Income of Brazil has grown at a Compounded Annual Growth Rate (CAGR) of 3.08%, while the Consumption of Brazil has grown at a CAGR of 2.98%. [pic] Consumption Function On the basis of regression carried out between National Income and Consumption of Brazil, the consumption function can be written as Consumption = Constant + MPC * National Income Consumption†¦show more content†¦A clear example of how both these parts of consumption work in tandem to bring about business cycle instability is the US economy when Alan Greenspan, Former Chairman, US Federal Reserve, was reducing interest rates. The constant consumption was affected by the reduction in interest rates and therefore people took more and more loan and the contractual expenditure in form of EMI payment and other forms of payment increased. Now expenditure for one is income for another. Therefore, as a result of reduced interest rates, business prospered as the US economy converted from savings economy into a consumption economy. Because the business prospered, the disposable income of individuals increased and therefore people consumed more, because the expenditure dependant on income increases with income. Now, with increased income, the APC falls and savings of people increases. Therefore, people started investing the saved money in real estate and th e demand for real estate increased leading to a bubble. Once, the bubble was created and Alan Greenspan retired, paving way for Ben Bernanke, Chairman, US Federal Reserve, started increasing interest rates, the disposable income reduced, leading to a reduction in the , but the fixed expenditure could not reduce, thus leading to expenditure commitments. Therefore, both the parts of consumption play an important part in business cycle instability. Appendix Data Sheet |Country or AreaShow MoreRelatedBusiness Case Study : Nova, The Producer Of Nova1508 Words   |  7 Pagesprospective target markets in South America – Brazil and Chile. According to the Central Intelligence Agency’s â€Å"World Factbook,† Brazil is a large country in South America, with a land area slightly smaller than the United States, making it the sixth largest country in the world. The population of Brazil is concentrated along the Atlantic Coast, with much of the population residing in the major cities of Sao Paolo, Brasilia and Rio de Janeiro. 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A Religious View on Same-sex Marriage Essay - 1867 Words

A Religious View on Same-sex Marriage The United States is a country built on a number of ideals and institutions. The moral structure of many Americans today was developed by our ancestors and the founders of this nation through the institutions that were a part of their lives. Family, religion, marriage, equality, and justice are just a few examples of the important components that provide a moral basis for our country. If any of these elements were to become too mutated, the effects on society could be devastating. Right now in the United States, one of these building blocks of society is being threatened by the possibility of a negative transformation. The building block of marriage as the sacred†¦show more content†¦According to a Pew Poll, most religious communities believe same-sex marriage and even homosexuality in general are morally wrong and do not follow their religious beliefs (Waldman, 2003). There is no major religion in the world that has ever altered the definition of marriage to include s ame-sex couples (Barlow, 2003). In general, it can be said that many religious people have strong views on same-sex marriage, declaring it wrong because of their religious beliefs. There are two main reasons why many religious groups are against same-sex marriage. The first argument is that people who are gay are not able to procreate. They do not have the correct corresponding body parts to make children (Waldman, 2003). Anyone who has taken sex education knows that humans can not reproduce without a male’s sperm and a female’s egg. Roman Catholics believe God created marriage as a lifetime union between one woman and one man with the purpose of having a loving relationship and for procreating, caring for, and teaching children (Charron Skylstad, 1996). Sex that does not occur with the intent of procreation is not approved by many faiths. In Judaism, for example, there is an important Bible passage that supports this idea. The story of Onan is about Onan sleeping with his dead brother’s wife. In order to prevent having children, Onan does not ejaculate inside of his brother’s wife. Instead he ejaculated on the ground. B ecauseShow MoreRelatedPro Gay Marriage Essay807 Words   |  4 Pagesrecognise gay marriage with full equality. The most common argument for people being against gay marriage is that it’s â€Å"not natural† for two people of the same sex to have a marriage. Opponents of gay marriage make out that the natural world that we live in created marriage however this is wrong as us the humans did. How can you argue that gay marriage is not natural when nature has very little to do with the matter itself? 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The Ethical Imperative †Contrarieties Free Essays

The Ethical Imperative – Contrarieties â€Å"A global ethic is only practicable as a personal commitment,† says the author, Dalla Costa. He explains that for businesspeople, this does not mean valuing profit less, but instead valuing people more. Throughout the article, the author shows that business reflects who we are as a society and the beliefs that we live by as individuals. We will write a custom essay sample on The Ethical Imperative – Contrarieties or any similar topic only for you Order Now He uses several examples of organizations that have been hurt by unethical behavior to support his statement. Business leaders must assess their values and make appropriate changes since they operate in a global economy where market forces have left the human aspect weaker and the profit element skyrocketed. Dalla Costa attempts to convince businesses to pursue moral and ethical policies. He addresses the principle of right and wrong but emphasizes the importance of ethical behavior to long-term survival and profit. The article dissects the different characteristics attributed to those optimistic and pessimistic. It describes the institutional pessimism of business, and explains how it is a product of fear – the fear of making mistake and of trying something new. The author argues that today’s universal interdependence requires a global ethic – concern for the consumers, workers, and the environment of the overall community. He also discusses the pressures that lead to unethical behavior by individuals and organizations. He develops on five core fallacies that ground the pessimists’ antipathy and prevent correction. In the article, Dalla Costa outlines the process for incorporating ethical principles to the direct benefit of customers, shareholders, employees and profits. The author makes clear why corporate ethics must be a fundamental component of any firm. As managers and consumers, many people are concerned about issues like discrimination in the workplace, and are struggling to integrate their beliefs into their jobs. The Ethical Imperative links these personal values to business performance. ’Costly though they may be, ethics are not an expenditure but an investment’’ (Dalla Costa, 1998). This article can be related to any business. [From Tesco’s point of view] as trust is essential among network actors, we believe to be optimistic is the best way to achieve ethical practices and reach trust between the firm and the market. Since industry, employer, and peer pressure are important factors influencing employees’ decisions, and since they do what they think is expected from them, we will work on modifying our business culture to build ethic and trust. Teams will be built to assess unethical issues, gather feedbacks and comments. This will in turn create a positive feedback loop. Also, Tesco will co-create supply chain transparency by 1. Demanding full transparency from its suppliers, 2. Working together with Tesco-Motorola-Food suppliers-Customers, and 3. Allowing customers to be true to their respective code of ethics. How to cite The Ethical Imperative – Contrarieties, Essay examples