The United States And Japanese Economies - 1583 Words

A Leading Indicators Comparison of the United States and Japanese Economies The United States has for more than a century maintained the largest economy in the world. Japan, on the other hand, currently has the third largest economy in the world (according to some estimates) after realizing incredible growth since the damage and ruin it experienced during World War II (BBC, 2015). This essay compares and contrasts the current economies of the United States and Japan in terms of three leading economic indicators: real Gross Domestic Product (GDP), inflation, and unemployment. While some similarities exist between the two economies this comparison will highlight what the differences mean in terms of economic health for the two countries. Real GDP (Gross Domestic Product) One of the most comprehensive measurements of the health and well-being of a country’s economy is considered real GDP (AIAA, 2003). Real GDP is defined as the â€Å"value of the entire output produced annually within a country’s boundaries, adjusted for price changes† (Arnold, 2011, p. 145). According to the American Association of Individual Investors (AIAA), (2003), real GDP indicates â€Å"how fast [a country’s] profits may grow and the expected return on capital† (p. 14). A country’s actual GDP can increase or decrease due to changes in inflation, so since real GDP is adjusted for changes in price, it is a truer measurement for comparison purposes. To present an apples to apples comparison, this section willShow MoreRelatedEconomic Growth Of Post War Japan1361 Words   |  6 Pagesand reconstruct their economy. It is revealed that the Japanese economy was on its way to recovery, which received a rapid development since the war, and t he reconstruction of Japan had spent less than forty years to become the world’s second largest economy in the 1980s. This essay will explore the three factors account for the economic growth of post-war Japan: the financial assistance from the United States, the external environment, and the effective policy of Japanese government. Firstly,Read MoreProblems Faced By Japanese Foreign Investments Relations Between U.s. And Japan1135 Words   |  5 PagesThis business study will define the problems in the United States due to Japanese investments. In the current global economy, the foreign investments relations between the U.S. and Japan have been one sided due to the inter-Asian business models of the Japanese markets. Japan has traditionally been cooperative with the United States in allowing its products to be manufactured and sold in the United States, which has provided some manufacturing jobs in the U.S. This causes problems for the U.S. becauseRead MoreJapan s Attack On Pearl Harbor1236 Words   |  5 Pagesattack on Pearl Harbor impacted America in a multitude of ways. Japan had reasons to attack the United States; the attack on Pearl Harbor does not only impact the Japanese Americans in the United States, the attack also impacted the United States economy. First of all, Japan had reasons to support why they chose to attack the United States. To illustrate my point, Japan could have chosen the United States to attack because the U.S. made Japan interact with other countries during the 1800’s (â€Å"JapanRead MoreComparing Contrasting American Japanese Marketing Essay1351 Words   |  6 Pagesonly culture, but also politics, the economy and the law effect marketing strategies. This paper will examine the differences between the American and Japanese marketing environments. CULTURAL INFLUENCES â€Å"It should not be surprising that Japanese marketing practices vary from traditional Western marketing practices because marketing is the process of satisfying wants and needs and these desires vary tremendously among cultures,† (Howard, 1999). The Japanese have been noted as leaders in marketingRead MoreJapan s Attack On Pearl Harbor810 Words   |  4 Pagesattack on Pearl Harbor (â€Å"Japan Launches†). B. Thesis: Japan has reasons why they chose to attack the United States; the attack on Pearl Harbor impacts Japanese Americans in the United States and the United States economy. II. Body A. Reasons why Japan chose to attack the United States 1. USA forces Japan to interact with other countries in the 1800’s a. Forced by United States Navy commodore Matthew Perry (1794-1858)(â€Å"Japan Launches†). b. Used Japan for trading i. More convenientRead MoreComparing and Contrasting American and Japanese Marketing Essay1307 Words   |  6 Pagesonly culture, but also politics, the economy and the law effect marketing strategies. This paper will examine the differences between the American and Japanese marketing environments. CULTURAL INFLUENCES â€Å"It should not be surprising that Japanese marketing practices vary from traditional Western marketing practices because marketing is the process of satisfying wants and needs and these desires vary tremendously among cultures,† (Howard, 1999). The Japanese have been noted as leaders in marketingRead MoreJap The End Of World War II1477 Words   |  6 PagesAt the end of World War II, the United States took occupation of Japan in an under the pretext of leading the nation toward a path of democracy. However, it appears that the intent of the United States has changed over time. Instead of helping Japan in the years after WWII, the United States used Japan as a pawn to better its own interests. In 1946, General MacArthur the Supreme Commander of the Allied Powers (SCAP) asked United States citizens to take the responsibility of writing a new constitutionRead MoreLife Saving Weapons Of Mass Destruction1730 Words   |  7 Pagesaround the world. Japan’s economy, which had taken a great hit later in the war, began to improve with the aid from the United States. The modern public is now well aware of the extensive damage these weapons caused, which has prevented further deployments of nuclear bombs, keeping the global public protected from nuclear warfare. With the lives lost in the decimated cities, there continue to be many more preserved. On the sixth and ninth of August in 1945, the United States dropped â€Å"Little Boy† andRead MoreThe Impact Of World War II On American Society1275 Words   |  6 PagesFinal Essay When the United States launches itself into a war, whether it be willingly or unwillingly, it almost guarantees that the war will bring some amount of change to the American society. The United States has been historically very flexible in adapting to the needs that wars, as well as other major events, bring to American society. Whether it be with the economy, foreign affairs, etc. there is usually always a change that results in the United States from a war. For example, after the CivilRead MoreThe Meiji Restoration: A Crucial Moment in the History of Japan965 Words   |  4 Pagesterms of political power and the third largest national economy after the United States and China as per the 2011 figures. The development of the Japanese economy to reach such a status happened in time and especially after the Restoration of the Meji Dynasty in 1868. Since then, Japan was in constant contact with the western world especially with the United States. The Meji Restoration was a crucial moment in the history of the Japanese state and its culture because it provided the historical breakaway

Acc 561- Week 4 - 1573 Words

Larson Inc. must consider the alternative economic futures for their industry. In any market, economic conditions will change over time. The company must be able to adapt and change with the economy to remain successful. The company needs to find solutions for the changing economy to keep increasing their revenue and decreasing their costs. The economy may go through a recession, expansion and peaks over their years in business. Larson, Inc. needs to analyze the difference scenarios and determine the best course of action for each type of economic future. Also, the company must consider the economy’s stage in the business cycle to make well-informed decisions. Economic projections The business cycle will have continual change†¦show more content†¦should engage in perfect price discrimination, because the monopolist practicing perfect price discrimination will produce a larger output than the monopolist that doesnt (McConnell 2009). Larson can achieve this by charging a premium price for the batteries while circulating discount coupons directed at non-business consumers. This has the effect of selling the batteries at a higher price to buyers with inelastic demand, but also offering lower prices for the same product to more elastic buyers. This strategy will help ensure that Larson Inc. continues to build a strong brand image, and deriving the most sales from both inelastic and elastic consumer segments. If the economic situation should gain strength and move into expansion, Larson Inc. should poise to be much more aggressive in marketing. Again, the priority should be building Larson Inc.s brand image and recognition. If the economy s expanding Larso n should invest heavily in advertising, as well as packaging and store signage, to establish itself as the trusted name in electronics batteries. Another benefit to an expanding economy is the likelihood that slower markets such as recreational electronics will likely grow. Research and development teams should begin to incorporate technology aimed at personal gaming devices, personal readers, and digital video recording devices. This will allow Larson Inc. to offer a technologically advanced battery that meets theShow MoreRelatedAcc 561 Week 4716 Words   |  3 PagesWeek 4: Costing Methods The week four individual paper addresses the implementation of Activity Based Costing (ABC) by Super Bakery, Inc., a virtual corporation founded by Franco Harris. Specifically, management strategies, the reasoning behind an ABC system, and the alternatives of a job order cost system or a process order cost system are assessed for this enterprise. Management Strategies A virtual corporation is described as a technology-linked network of companies, suppliers, and customersRead MoreAcc/561 - Week 4 Costing Methods Essay712 Words   |  3 PagesWeek 4: Costing Methods The week four individual paper addresses the implementation of Activity Based Costing (ABC) by Super Bakery, Inc., a virtual corporation founded by Franco Harris. Specifically, management strategies, the reasoning behind an ABC system, and the alternatives of a job order cost system or a process order cost system are assessed for this enterprise. Management Strategies A virtual corporation is described as a technology-linked network of companies, suppliers, and customersRead MoreACC 561 Week 1 WileyPlus Exercise 1-7, 1-8, and Quiz Study Guide1006 Words   |  5 Pagesï » ¿ACC 561 Week 1 WileyPlus Exercise 1-7, 1-8, and Quiz Study Guide www.paperscholar.com DIRECT LINK TO THIS STUDY GUIDE: http://www.paperscholar.com/acc-561-week-1-wileyplus-exercise-1-7-1-8-and-quiz-study-guide/ Instantly Download! Get Better Grades in Less Time! 100% Satisfaction Guarantee DESCRIPTION FOR THIS STUDY GUIDE: ACC 561 Week 1 WileyPlus Exercise 1-7, 1-8, and Quiz Study Guide This study guide includes solutions to Wiley plus exercises 1-7, 1-8, and week one practice quiz Read MoreEssay about Preparing a Master Budget686 Words   |  3 PagesWeek Five Individual Assignment Jonathan Scott ACC/561 7-A1) Preparing a Master Budget You are the new manager of the Betterbuy Electronics store in the Mall of America. 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FOREIGN INSTITUTIONAL INVESTORS INFLATION: The overall general upward price movement of goods and services in an economy, usually as measured by the Consumer Price Index, Wholesale Price Index, and the Producer Price Index

E-Business Paper Free Essays

E-Business Paper Jim Jones ACC/340 Joyce Williams December 3, 2012 ? Barnes Noble has functioned well as a brick and mortar store since its inception. The company has developed over the years by adopting new products and keeping up with e-commerce as it has started develop. The company has been able to keep up with changes in the economy due to the development of the internet and e-commerce. We will write a custom essay sample on E-Business Paper or any similar topic only for you Order Now We will examine how e-commerce has affected how the world around has changed. E-commerce has taken affect on how supply and demand functions in markets. Price is a bigger point on an online purchase than it is in brick and mortar stores. It is much easier for customers to search for a product and the cost of them doing their research is greatly decreased. A customer is able to see all or most of the products that are available and are easily able to compare them side-by-side. Many retailers do not have brand recognition. This is due to the somewhat high turn around in the internet business along with newer existence of e-commerce. Online stores may not be able to exist in markets that have high demand products where the consumers want the product now. For this reason, there are not many online markets for perishable products. This is due to the delay because of shipping needs to occur and the high cost of immediate shipping. There is a lower cost for e-commerce because you have less overhead and you do not need to go through a middle man to get your product. Many internet stores will sell to customers that live nowhere near their physical location. This allows a company to break into a whole new audience that they would not have been able to develop with just one physical store. A deterrent for using an online store is the time it takes to get a product after it has been ordered. Most physical items that can be delivered through an online store are also available at a brick and mortar store. Consumers will weigh the opportunity cost of waiting to determine if it is worth the wait. For this reason, some brick and mortar stores can justify higher prices for high demand products. A risk that some businesses run into is their consumers’ personal information. There is an extra cost the secure their consumers’ information. Information like an address or a consumer’s social security number may be stored in the online system so it is important to protect this information. A large benefit from using a business through e-commerce is that there is a lower distribution cost. This often occurs because certain areas of the supply chain have been removed. The development of the internet has made it much easier to track trends. This means that there are fewer inventories that need to be maintained because we can easily determine when certain products will be bought. Since there is already a delay because of shipping times, it is less of a problem when something is out of stock versus a brick and mortar store. (Lieber, 2011) Barnes Noble has been able to keep up with its main competitors Amazon and Google by investing in its Nook e-business and developing an online store for physical books and e-books. Over the second quarter in 2012, Barnes Nobles’ â€Å"digital content revenue grew 38 percent during the second quarter, but that was down from a 46 percent increase in the fiscal first quarter. † (Anderson, 2012) Despite the shortcomings of the most recent fiscal quarter, the overall stock for Barnes Noble has increased by 11 percent throughout the past year. Barnes Nobles’ e-business continues to be challenged by the further development of Apple’s iPad Mini, new Amazon Kindles and Google’s Nexus tablet. Barnes Noble has done fairly well to keep up with the e-business competition and has only lost 3 percent in revenue from brick and mortar stores. (Anderson, 2012) Where Barnes Noble falls short is their lack of apps for their tablets. Some of the other tablets are selling better because they are multi-functional whereas the Nook primarily functions to read books and magazines. Barnes Noble has done well to keep up with the competition and maintain a viable stronghold in the bookstore industry. ? References Anderson, M. (2012). Barnes Noble reports net income for 2Q. Retrieved from http://www. miamiherald. com/2012/11/29/3118537/barnes-noble-reports-net- income. html#storylink=cpy Lieber, E. , Syverson, C. (2011). Onlive vs. Offline Competition: Prepared for the Oxford Handbook of the Digital Economy. Retrieved from http://home. uchicago. edu/syverson/onlinevsoffline. pdf How to cite E-Business Paper, Essay examples