Friday, February 21, 2020

Case Study Assignment Example | Topics and Well Written Essays - 500 words - 11

Case Study - Assignment Example From the increasing sales that are being made from mobile commerce, it is quite evident that in the coming years a large percentage of all sales that occur in a particular country will be online. This is due to advancements that are being made in the technological world from smart phones to computers and even tablets. In future people all over the world will seem to be so busy working such that time for shopping is limited hence they will be obliged to do over the internet. As computer knowledge increase from generation to generation, there will be more conversance with these electronic devices and this will also raise the percentage rate of increase of mobile commerce. Through online buying, one can select a wide range of goods and services from foodstuffs to banking services hence saving time of having to move from place to place. Companies that involve mobile commerce such as OLX continue to build their routes because it is evident that the future of business is dependent on onlin e shopping due to studies done by Ipos indicating that the percentage of online shopping continues to increase over the years (Chen & Lee 33). The Edward Jones is a big company situated in the USA and it offers financial help to its customers through advising them on how to invest their money in the best way. It has been established strongly for many years because of managing properly the techniques they use to handle their customers. Although the company management interacts with its clients over the internet and other social media, it cannot do its business activities online. This is because it has branches all over Canada and USA hence they can easily be physically reached. It is also a risky business to do money transactions to people that are met over the internet hence the obligation for face to face encounter (Chen & Lee 37). However the use of internet makes their messages reach a wide range of potential customers who may be looking for their

Wednesday, February 5, 2020

Answers for the Examination Papers Essay Example | Topics and Well Written Essays - 2500 words

Answers for the Examination Papers - Essay Example The cornerstone of these attacks is a poor monetary policy of the government (the gap between monetary policy and fixed exchange rate). According to Krugman, the prerequisite for the currency crisis is the budget deficit that in turn is financed by the credits; this process may entail the depletion of the reserves of the currency (reserves of the currency to which a national one is pegged). If the domestic interest rate equals foreign interest rate, than the supply of the money caused by the expansion will be more than the demand on the national currency. The surplus of the domestic currency on the market leads to the increased demand on the foreign currency. In order to satisfy demand on the foreign currency, the national bank has to sell the reserves of the foreign currency. Once the reserves have been depleted, the national bank will have to abandon its fixed exchange rates policy as it will have no sufficient reserves to sustain it(Crznar, Currency crisis: theory and practice wit h application to Croatia). Certainly as several decades have passed since the formulation of this model by Paul Krugman it has been readjusted to reflect current trends and realities, however in view of many critics this theory has one important flaw: contention that a government could be a passive observer on the market and will do little or nothing at all to remedy monetary and fiscal problems of the country. Usually the government could readjust its monetary and fiscal policy to the exchange rate regime it maintains. Second generation model. In view of the crisis of European Monetary System in 1992, new theories of causes of currency crisis have been developed. According to this model, the government maintains fixed exchange rate regime as long as it deems necessary to do so( it might do it to decrease inflation or to establish more predictable environment for its importers and exporters. However, the government will certainly