Demographics is the most important. In terms of age, young people are much less likely to vote than older ones. From 1972 to 2012, citizens of 18-29 years of age turned out with a rate of 15-20% less of turnout that citizens 30 years and older. In terms of ethnicity, in 2012, only 48% and 47% of eligible Latino and Asian American voters respectively voted, compared to 64% and 66% of eligible white and black voters respectively. Regarding socioeconomic status, research has shown that wealthy Americans vote at much higher rate than lower socioeconomic status citizens.
There is little start up elements. One big problem for Cisco would be companies taking over and merging other companies into one. However it is extremely important for these companies to have the technological information and know how that Cisco has to be as successful as they have been throughout the years. It would be very hard for every company to come out of an economic global downturn like Cisco did and say that they have learned from their mistakes and have turned this crisis into an opportunity and have in fact gained more market share. Cisco is one of the main dealers in the area of revenues therefore it minimises any new competition even if the barriers to entry are
For example, Shermer discusses “The Progress Paradox” by Gregg Easterbook which claims that “over the last 50 years, standards of living have risen dramatically”. This is also followed by a warrant in which Shermer states that in “The 1950[‘s] gross domestic product per capita,computed in 1996 dollars, was only $11,087, compared with the 2000 figure of $34,365. And more people are moving up the economic hierarchy. Way up. In 2000, 1 in 4 Americans earned at least $75,000 a year, putting them in the upper middle class, compared with 1890, when only 1% earned the equivalent of that figure.
In 8 Surprising Facts About The Shrinking Middle Class From “Third World America” (PHOTOS)by Hallie Seegal 08/09/2010 01:19 PM ET states that in 2005, the bottom 20 percent of household earners had an average income of $10,655 while households in the top 20 percent made nearly 160,000 – a disparity of 1,500 percent, the highest gap ever recorded. Even some might refer to the U.S. as “ a land of opportunity ”,the reality is
In a 5 year period the banks’ were able to accumulate liabilities of 10 times the GDP or $120 billion and by the second quarter of 2008, Iceland’s external debt was 9.553 trillion Icelandic Kronur (€ 50 billion), more than 80% of which was held by the banking sector. This value compares with Iceland’s 2007 gross domestic product of 1.293 trillion kronur (€ 8.5 billion). (World Bank) [Iceland Country Study Guide Volume 1 Strategic Information and Developments by IBP,
To some the American dream seems out of reach Race, economic background and where you live play a role in economic mobility. According to CNN in 2010 white Americans have 22 times more wealth then blacks and 15 times more than Hispanics. (Cefferty, jack)This statistic from 2010 is showing that white Americans have a higher
With some plant retirements expected, “we’re going to have to replace those with something and of course nuclear is an option that is more feasible for a company this size.” Conclusion: Although mergers and acquisitions are used as ways for fast growth for a company however, given the aforementioned unsuccessful examples they may turn out to be a lethal experience. Thus, a complete and thorough analysis of factors such as economies of scale, complementary resources, Industry Consolidation, growth etc. has to be conducted in order to at least account for the accompanied risks that come with such a process. On the other side of the fence, a well analyzed study of mergers or acquisitions before actually stepping into the process may seriously pay off and lead to a very successful and smooth experience for both companies and can result in a lot of rewarding financial, cultural and social benefits for the involved
The top marginal tax rate of 60 percent in Denmark applies to all income over 1.2 times the average income. For Americans, this means that all income over $60,000 (1.2 times the average income of about $50,000 in the United States) would be taxed at 60 percent. In the United States, the top marginal tax rate of 46.3 percent kicks in at 8.5 times the average U.S. income, around $400,000. Few taxpayers in the United States
Probable factors that could affect Nike’s business judgements are a range of demographic, social, economic and political. A few have already started to transpire, though others are purely likelihoods. External factors affecting this mix is one of the most common, technology. Before Nike releases its brand new product line to the market, it’s always prepared to authorize that whether or not there has been any sort of major advances from the other competitors that would tracker its launch. Thus they must time this carefully, as other competition may demand to shadow its release with their marketing
To sustain its competitive advantage over competitors, Nike has to take this to consideration). However, a large number of competitors in an industry usually indicates lots of demand for the products or services provided and this will help Nike to succeed in the long run. Suppliers: Nike outsources almost all of its footwear production to independent third party suppliers. As Nike has a minor control over quality of the products. This is due to Nike gets its merchandise generally from foreign manufacturers.