In the inevitable future, the price will go down. And if people stop buying into it, then the price could drop thousands of dollars, making many people lose money when others are in a frantic to sell. To add on, Bitcoin investing is a bad idea because it actually poses a very big health risk to people. In 2018, experts in the field of energy have said that bitcoin miners, the producers of bitcoins, use enough energy too power 3.3 million households! That means that if it was a country, it would be the 59th biggest power user in the world!
Marriott International vs. Airbnb Although Marriott International has a competitive advantage of being the largest hotel company in the world, experiencing years of remarkable growth with the acquisition of Starwood Hotels, and ranking at number 163 on this year’s Fortune 500, it operates in a highly competitive market. The recent success of Airbnb, for example, has had major effects on the hotel industry as it has quickly become a threat. Airbnb, founded in 2008, is an online hospitality service that provides short-term lodging and unique travel accommodations around the world with more than 3,000,000 lodging listings in 65,000 cities and 191 countries. Having a value of over $10 billion, Airbnb “exceeds that of well-established global hotel chains like Hyatt” (Hospitality Net). This proves that this online service is significantly surpassing these stable hotel chains that have been competing in the industry for over 60 years.
In excess of the 36 hours a month allowed by Chinese law was routinely demanded from Foxconn employees (Fiona, James and Mimi). Of the 100 largest economies in the world, corporations are more than countries (based on a comparison of corporate sales and country GDPs) (Anderson and Cavanagh 3). When the national corporations in underdeveloped countries compete with transnational corporations, they are in the disadvantage position, which makes the economy rely heavily on transnational corporations. What’s more, underdeveloped countries take the risk of cultural invasion which makes them lose the control of cultural and social
It wins a lot of customers with Windows operating system, most people are familiar with it as well as Microsoft Office, which is its biggest advantage, so it should keep on and do better on Windows, and have good cooperation with corporations. Secondly, it seems that there is few opportunity of smartphone and table computer market for Microsoft, so it could become its sideline, and not invest too much on it, unless it has new creation and total confidence to win it back. Thirdly, the excellent talent and team is one of Microsoft’s strengths, it should make the best use of them. For example, it could exert collective intelligence and try to create new market. Competitive advantage is temporary.
Price Clubs first year of business proved troublesome for the owners, bringing in $16 million dollars in sales but with a loss of $750,000. The loss baffled the Prices until they decided to extend membership to Government employees like, hospitals and financial institutions. This new policy turned the company into a massive success story. In 1980, Price Club went public and eager investors allow wanted to share in the rapid growth of the chain. Price Club entered the public domain with a nearly $150 million dollars in sales and earning $6 million dollars in profits before taxes.
The current population of 320 million people is already a massive obstacle for development. In addition, there are many problems that are associated with rapid population growth some are known as insufficient food supplies, Economic insecurity, poverty and low standard of living. Rapid population growth affects poverty as it brings in a lot of workers, this depresses wages and increases poverty. Rapid population also affects the standard of living for example if a country has a real GDP of 1.8 trillion dollars and another country has a GDP of
We see China’s Baidu is leader in this and is extensively using Artificial Intelligence. 4. Venture into Hardware products Stepping into more hardware business like - Microsoft which not only provides services through its windows platform, but also manufactures Microsoft surface, mobile based platform and other hardware products. People entering hardware business is usually less compared to the other businesses due to its minimal barriers of entry and the huge losses they incur but this would be a great opportunity for them to step into this business and explore new opportunities and create jobs while Artificial Intelligence is taking over the IT industry. 5.
First of all, every week, United Kingdom has to send £350 million to Brussel for their membership fee. Yet, the money was not spend well, billions are lost to fraud and waste. United Kingdom has always been one of the largest contributors to the EU budget, yet the country received less that it should be. Second, by voting leave, United Kingdom can create about 300,000 job opportunities through trade deals. The European Union has failed or yet to complete for a long time a trade deal with important countries, United States, Japan, ASEAN, India, and Mercosur.
With Artificial Intelligence on the rise, an estimated forty percent of American jobs could potentially be filled by robots within the next ten to fifteen years. Contributing to the high unemployment rates already prevalent in the United States, introducing more robots to the workforce has the potential to leave up to seventy-five percent of Americans with no source of income. While in certain aspects, Artificial Intelligence may have positive impacts on society, it is dramatically diminishing the amount of human-operated jobs across the globe. Gradually, the “upper class” will slip into the “middle class,” and the middle class will fall into the “lower class,” resulting in the skyrocket of American poverty rates. The solution to this detrimental issue, a Universal Basic Income, granting every person, no matter their “status” or wealth, monthly payments of equal amounts.
On one hand, there is the challenge of impact to customer satisfaction through delayed payouts or prolonged investigation during a period of stress. Additionally, there are costs of investigation and pressure from insurance industry regulators. On the other hand, improper payouts cause a hit to profitability and encourage similar delinquent behavior from other policy holders. According to FBI, the insurance industry in the USA consists of over 7000 companies that collectively collect over $1 trillion annually in premiums. FBI also estimates the total cost of insurance fraud (non-health insurance) to be more than $40 billion annually [ ].