Monday, February 24, 2020

The Short-Run and of the Macro Economy Essay Example | Topics and Well Written Essays - 250 words

The Short-Run and of the Macro Economy - Essay Example As the study outlines Keynesian theory gives focus on immediate outcomes in the economic theory and will focus on short term policies set by the government and how they can be used to improve the economy. The Keynesian theory is built on the belief that the government will be responsible for the economy and will lay down policies that will put the economy in a favorable state. These will include policies such as monetary and fiscal policies, which are used to regulate the economy. The neoclassical theory is based on a free market hence the forces of demand and supply shape the economy. A change in quantity demanded is generally the increase or decrease in demand that is brought about by a change in price of the product which results to a change in quantity demanded. This implies that the change in the quantity demanded will be altered only because of a change in price whereas shift in demand is caused by other factors other than price. Change in quantity demand involves a movement al ong the demand curve.

Friday, February 7, 2020

Strategic Management Unit 5 DB Essay Example | Topics and Well Written Essays - 250 words

Strategic Management Unit 5 DB - Essay Example Their main reason for breaking the bond was that the cultures of the two companies could not accommodate each other. Incompatible networks and ugly phones resulted into bad customer experience. It was difficult to merge assets and liabilities of the two firms hindering the creation of the much anticipated synergy (Ireland, Hoskisson & Hitt, 2008). Economic down turn also begun to take a biting turn and customers expectation grew large and larger. Further, stiff competition form market rivals such as AT&T, the iPhone, as well as Verizon, ate away significant market share driving down the sales of the joint venture. In most cases, mergers and acquisitions have negative impact on employees. The case of Sprint and Nextel merger was no exception. Moreover, the difficult times after the merger only impounded more misfortunes for the employees of the two companies. Amidst the crisis of the joint venture, it started to lay-off workers in a bid to reduce operating costs. An employee who never obliged to the strict policies by taking some break from work as a result of his father’s death was mercilessly fired (Ireland, Hoskisson & Hitt, 2008). The merger was no good news for employees of both