New Zealand Is An Export Driven Competitive Economy Essay

Problem statement New Zealand is an export-driven competitive economy with exports accounting for about 30% of GDP, one of the primary indicators used to gauge the health of a country s economy. Auckland Airport handles 85% of air cargo exported from New Zealand, making it a hub for businesses which conduct trade. These businesses want to know whether New Zealand’s economy is continuing to benefit from these exports. I predict that this is true due to the high OEC ranking of New Zealand, which indicated economic complexity. The question that must then be posed is: What is the long term trend in exports from Auckland Airport? This question is of interest to businesses and consumers alike because international trade affects the price of domestic goods due to changes in supply and demand. An investigation will be carried out into the export of goods coming from Auckland Airport to investigate and analyse trends and to make a forecast. Further investigation into both imports and exports were also conducted to gauge the economic situation of New Zealand. The data provided is sourced from Statistics New Zealand Infoshare, recorded from 1988 to 2015 and records quarterly gross weight of exports in tonnes. Plan Using the data provided, I will use NZ Grapher to plot a time series and a decomposition on Auckland Airport Exports from 1988 to 2015. The data will be interpreted taking into account the raw data, trend, residuals, and seasonal effect. A forecast will be made using theShow MoreRelatedGross Domestic Product Of Australia1673 Words   |  7 Pages AUSTRALIAN ECONOMY GROSS DOMESTIC PRODUCT As per Australian Bureau of Statistics, Gross domestic product of Australia is 1560.60 USD, with annual growth rate of 2.50 percent. Services sector dominates the total GDP of the economy (65 percent of total GDP). 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It then follows that global marketing takes a more standardized approach to world markets and focuses upon sameness, in other words the similarities in consumers and segments. â€Å"International market goes beyond export marketer and become more involved in marketing environment in countries in which it is doing business.† â€Å"International marketing is performance of business activities that direct the flow of company’s goods and services to consumers orRead MoreThe Automotive Industry Essay3764 Words   |  16 Pagestechnologically developed countries, New Zealand s economy, people and environment depend on the success and incomes from its land-based industries (Ministry for Primary Industries, 2013). Since New Zealand natural environment, temperature climate and disease-free animal populations create ideal environment for the pastoral farming system, the country is heavily relying on agricultural production. 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India has been a beneficiary developing country (BDC) in the U.S. GSP program since its inception in 1974. The GSP program was originally devised to be a program to promote development in low income countries. The core premise was that the preferential tariff rates in U.S. could promote export-driven growth in lesser developing countries. The GSP program expired on July 31

Ernest Hemingway The Art of Despair free essay sample

The paper summarizes the reviews by major literary critics of the works of Ernest Hemingway. The author states that despite critics sometimes negative reviews, Hemingway was a major American writer, a winner of the Noble prize who could claim literary greatness. He continues that many of Hemingways works are classics of American literature. The selected reviews refer to some of these classics. The author writes that Hemingways ability to capture the essence of the despair and desolation of his generation is his major achievement. Although critics have offered praise and blame for Hemingways writing, raved about successes, and panned failures, the consensus must be that he is a major American writer who can claim literary greatness. In 1925, when he was not yet twenty-six, his first short story collection, In Our Time, was reviewed in The New York Times. An anonymous critic described his prose as lean, pleasing, with tough resilience, fibrous, athletic, fresh, hard, and clean, as if an athlete, not a book, was being reviewed. We will write a custom essay sample on Ernest Hemingway: The Art of Despair or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Hemingways style was so different, that new ways had to found to describe it. Hemingways 1961 New York Times obituary echoed the early review, describing his lean and sinewy prose, and his laconic, understated dialogue.

Women in Law Enforcement free essay sample

A study of the adversities faced by professional women in law enforcement. This paper examines the under representation of women in the law enforcement occupations as compared to women in many traditionally male jobs. The paper states that despite laws such as affirmative action, the presence of women is uncommon in higher-ranking offices such as sergeant or commissioner. It describes that women officers are often sexually harassed, receive lower pay in relation to men in their position and are often passed over for advancement for a male even if they are equally or better qualified. The paper offers methods to help reduce disparities if implemented correctly, such as enacting diversity education and training, actively recruiting, retaining and promoting female employees as well as providing a means of support for female officers will result in increased efficiency and employee satisfaction for the department as a whole. Occupations in law have traditionally been reserved for men. We will write a custom essay sample on Women in Law Enforcement or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page It was considered too dangerous, too risky and too difficult for women, women who did enter law enforcement were often times given desk jobs. Even during the 1960s when women began to enter the job market with a vengeance, women were still persuaded from pursuing law enforcement occupations. Even today, there remains a disproportionate amount of females in such occupations. Additionally, the few women that are in these fields face various obstacles that include discrimination and harassment on the job. The plight of women in law enforcement can be compared to the plight of women in the corporate world, as both face similar obstacles and circumstances.

beethoven3 essays

beethoven3 essays There resounds a proverbial question, If a tree falls in the woods and no one is there to hear, does it make a sound as it falls? Capricious as this query may appear I have had occasion to entertain just such a notion when, as a youth, I found an exploratory journey down a deep woods path abruptly halted by the greeting of an enormous fallen tree. The colossal obstacle lay across my path and presented itself a motionless, silent guardian that protected that which lay beyond from my further intrusion. What a monumental disturbance must have been witnessed by the forest as this giant came crashing down! I wondered how the tree came to be there in the first place or what of the countless forms of life that had sprang forth from its protective purview over the decades of the trees history. I wondered what might have led to the demise of the strong anchoring system that had so obviously sustained the uprightness of this tower for so long. Not to mention what a scurry for life itsel f must have taken place by the multitude of creatures that were no doubt within the danger zone as tons of falling wood rushed earthward. Notwithstanding the magnitude of this event and the obvious lasting effects that resulted, I still wondered if the falling tree had made a sound? When the life of Ludwig van Beethoven first encroached upon my path, much the same sensation was experienced. No doubt I had heard of the composers name, but then so had I foreknowledge of trees, both fallen as well as standing ones. However, what of this particular composer. Had I ever entertained conversation with him? Had I known of his particular work, achievements, or failures? What difference had been made by this long extinguished life, at least where I was concerned? So here I stood. Yet another fallen giant before me in an apparently posture of complete silence leaving me to contemplate what, if any, true sound had b...

AirJet Best Parts Coursework Example | Topics and Well Written Essays - 1000 words

AirJet Best Parts - Coursework Example This increases your positive cash flows for the project and ultimately resulting in higher NPV. A company which opts for incremental method of depreciation will have higher cash flows in the initial years and it will reduce by the time it reaches its expiry. On the other hand, a company which opts for straight line method will have equal positive cash flows every year. Lastly, Depreciation of $10,000 per year, with an income tax of 40%, saves $4,000 and that amount is accounted as a positive cash flow. 5. Opportunity cost is the profit forgone by not investing in a particular opportunity. It is particularly pertinent to this project as the company may have other investment opportunities which they overruled for this particular investment. (Shim & Siegel, 2008)For example, if this money was not invested in the purchase of a machinery, it may have been deposited in a bank and earn a decent enough return without any substantial risk. Moreover, this could have been distributed among shar eholders as dividend or the money could have been used to purchase any other equipment with different set of anticipated cash flows. Therefore, the cost of not depositing that money in the bank or distributing as dividend or not purchasing any other equipment is the opportunity cost of the project. 6. ... Moreover, if interest rate rises than the cost of capital will increase which will eventually lead to lower returns. In addition to the above factors, if the cash flows are not the same as expected than the whole analysis would be redundant and may result in lower or higher returns. Lastly, we have assumed that the equipment stays in working condition for the time it is with us but this is not always true. Therefore, these factors should be accounted for before taking up the final decision. Task 5: Cost of Capital 1. a) Raytheon 20 yr bond from 1998-2018 of 6.4% coupon has a yield to maturity of 4.62%. (Morningstar, 2011) b) After tax cost of debt would be: c) There could be alternates to calculating cost of debt in this case. An approximate cost of capital can be found by adding up all the interest paid last year and divide that amount by debt outstanding. Another way could be adding all weighted debt cost to get an average cost of debt for the firm. d) Yield to maturity of a bond i s equivalent to the internal rate of return earned by an investor. It is an actual estimation of future return, as it is the rate at which coupon payments can be reinvested when received is unknown. It equips an investor to compare the merits of different investment. On the other hand coupon payment doesn’t account the element of required return in it. It is difficult to infer the cost-benefit balance by looking at the coupon payment. 2. a) Raytheon beta = 0.68 Boeing beta= 1.22 Lockheed Martin beta=1.01 (Yahoo Finance, 2011) Average Beta= 0.97 b) CAPM provides linear relationship between risks associated with the return. The systematic risk involved is taken into account to provide its required rate of return. However; its assumptions do not match

Learning theories Essay Example | Topics and Well Written Essays - 250 words

Learning theories - Essay Example Behaviourism theory as mentioned are mostly two the classical and operant. Operant conditioning is associated with B. F Skinner while classical conditioning is associated with Pavlov. Cognitivism is associated with Chomsky while constructivism is associated with John Dewey among others (Taylor and MacKenney, 2008). The reflection will be based on the behaviourist theory by Ivan Pavlov. This theory examines learning through conditioning of children in the way of pairing the undesired with the desired. This would be very effective especially for a teacher who has a new class and would like them to follow a specific pattern of behaviour in learning. The new learning pattern of behaviour would be used in conjunction with the old behaviour of learning which did not seem to be yielding any positive results in the long run. Since there was the behaviour the students were used to and the results were negative and the new behaviour which the teacher wants them to learn which elicits no response, the two learning behaviours should be paired together over a period of time in order to yield positive results. With time, the new behaviour being used alone will elicit positive results and at this juncture the old and non-productive behaviour will completely be

Employment Law Essay Example for Free

Employment Law Essay 1. On Friday March 16, 2012 14 workers of the Elizabeth R. Wellborn law firm in Deerfield Beach FL were fired for wearing the color orange to work. During the course of the work day the 14 employees were called into a conference room and told by management that they had interpreted the practice as some kind of a protest. One of the employees then responded by saying the group was wearing orange in order to promote that they were all together when they planned to go out for drinks after work. After conferring, the managers returned and announced that they all were immediately fired. Florida, like many other states, is a work â€Å"at will† state meaning technically the reason for the employees firing does not matter. Employees who are at will are not under contract for any definite period of time and can be fired at any time for any reason, good or bad, or no reason at all as long as the reason is not illegal or discriminatory. The former employees of the firm are basically claiming that the firm violated some of the accepted limitations to the â€Å"at will† rule. 2. Of the many judicially imposed limitations to the rule one of the generally accepted is that employees are protected from protesting working conditions. This brings up many questions for this specific issue as to the exact facts of why the employees were terminated. Originally they were told their orange shirts were being seen as some sort of a protest. After the employees denied this the management then meet outside the room and decided that they all would be fired. The question that arises is were they fired because they were thought to be staging a protest, or just because they had all decided to wear orange? Also, since the employees have publically denied actually trying to protest does that mean they are not protected by the limitation? Another possible issue with the firing is whether or not the employer was acting in good faith and fair dealing. Under the employee handbook of the law firm there was no specific mention to an employee not being allowed to wear a certain color. In the context that some of the former employees were speaking it was made to sound as if the practice of wearing orange to work on Fridays had been going on for some time without any problem. Therefore did the law firm suddenly violate an unwritten agreement that employees are allowed to wear whatever color they choose to work, and would this qualify as the employer acting in bad faith against the employees? 3. My opinion on the issue is that there certainly seems more to the story than what is being presented. In an interview on the Sun Sentinel website now former employee Janice Doble stated that a new manager started in the office around March 2nd, and that the manager had a habit of fake tanning. She suggests that maybe the manager had a â€Å"complex†, basically saying that the manager possibly interpreted the orange shirts as a way for the employees to mock him or her. Obviously, if this was the actual intent of wearing orange on Fridays the former employees would most likely not admit to it in public or in a court of law. Even if this was the actual reason for wearing orange that would mean the firing’s would be protected under the â€Å"at will† rule regardless if it is seen as a valid or invalid reason for termination. This entire issue serves as a good example of why the â€Å"at will† doctrine exists in the first place. If this issue is taken to court it would very quickly deteriorate into a he said/she said argument with very little actual verifiable facts to contend. As previously stated, it can almost be guaranteed that there is much more to the issue than will ever come out in public or in court, and without those facts it would be difficult to make a well informed decision on what is just or unjust. Because of that courts rightly leave issues like this one to be decided by a standard doctrine. If in fact these employees were wrongly terminated for simply wearing orange, unfortunately they may never be compensated for the wages that they lost which is the downside to the issue. However, justice may have already been served to the law firm by the media, since the firm will definitely have a hard time finding 14 new employees to work in what may be a toxic environment where they have to worry about being fired at any moment. Also, this bad publicity may hurt the business aspect of the law firm for some time to come.