Technology has dramatically changed the operations of the USPS in good ways and bad ways. It has allowed the USPS to deliver mail faster and less expensive, but has also caused the USPS to experience massive loss in operating revenue. The biggest reason for the massive loss in operating revenue is email and digital messaging. The occurrence of email as a favorite method for business and personal communication, as well as the increasing growth of digital messaging, has caused the USPS to be dealt with a large blow that has resulted in many negative results. According to the United States Government Accountability office, “mail sent between 2007 and 2009 dropped in volume by 36 percent, or a whopping 36 billion pieces of mail
Massachusetts Stove Company return on Common equity ratio has fluctuated from 224% in year 3 all the way 32.6% in year 7. This change occurred because of the companies change in capital structure leverage. The reduction in the company's long-term debt and reduction in their deficit of retained earnings reduced their capital leverage, but this does not mean they are less profitable. Massachusetts Stove Company maintained a stable profit margin for ROCE from year 3 to year 7 and still saw increases in their net income. Over the past five years, the company has strategically crafted a niche market that is difficult for competitors to enter.
The wage gap has dwindled over the years; however, the progress has slowed down in the past two decades. “At the rate of change between 1960 and 2016, women are expected to reach pay equity with men in 2059” (AAUW). “If change continues at the slower rate seen since 2001, women will not reach pay equity with men until 2119” (AAUW). Decreasing the wage gap will boost the economy, consumer spending will increase, and employers will attract top-tier employees that will stay for the long-term. Susan B. Anthony was known in the 1800’s for promoting women’s voting rights
What are the advantages of using a fixed alternative pol question of Facebook. when do you think it would be better to use an open ended question? As fixed alternative question, this allows confirmers to answer a question simply by clicking on an answer and reality anonymity. Open ended questions works well when a brand in looking for an engagement with answers. There will be fewer responses, but fans will spend serval minutes drafting response to a post like greeting.
A study from Cambridge University documented that there was a tremendous drop in complaints against police once they put in body cameras. There was an exact decline of 93% in complaints against the cops. The year before the study, there were 1,539 complaints and after the experiment there was a total of 113 complaints. That is a major decline, and this proves that the cameras will be better for the society. After the incidents that have happened over the past few years, the way the people think about the police officers will all change for the better with these
As seen in a graph of "Unemployment of Nonfarm Workers By Percentage and Number" the amount of unemployed during the Great Depression reached its peak at 12,830,000 million. After the New Deal was implemented the rate of unemployment in nonfarm workers steadily declined until it reached one of its all-time lows in 1945 at 1,040,000 million. As more people gained jobs, the economy improved, wellbeing improved, and in the long run less expensive for the government. Roosevelt 's goal to recover the nation led to "an enormous outpouring of federal money for human relief" (William Lloyd Garrison Jr., "The Hand of Improvidence," The Nation, November 14, 1934) which did create a deficit in
The USPS or United States Postal Service has been serving the citizens of the Unites States for many years. For the past decade, people have been switching from the mailing system provided by the USPS to the electronic mailing system; “The Postal Service experienced a 13 percent drop in mail volume last fiscal year, more than double any previous decline …” (O’Keefe). The United States Postal Service should be restructured to meet the needs of the changing world because of the serious drop in mail since the recession that is feared to never return to its previous levels. The United States Postal Service should restructure to include new era technological advancements as to revolutionize to the modern era and regain consumer use. People have
There are different findings and opinions about raising minimum wage effects on the employment. Some studies found that there is a little or no response from the employers on raising the minimum wage, because employers can shift this increase to the consumer by increasing prices. In 1994, after an increase in the minimum wage in New Jersey, David Card and Alan Krueger made a famous study comparing the fast food employment in New Jersey (where the minimum wage was raised) and Pennsylvania (where the minimum wage was constant) after and before the rise, and they didn’t find a significant effect on employment. Another study in 2010 looked at U.S. restaurant employment in 288 different counties with different minimum wage rates. The study found that minimum wage doesn’t reduce
One of the most significant challenges for social policymakers today is societal ageing. For many European countries, it is predicted that soon there will be fewer people in employment and more people that have reached pensions age and are due to retire. (Bridgen and Meyer, 2007) The UK system of pensioners support that exists today is a complicated subject and has a broad history of transformations and reforms over the past decades. Each stage of pension transformation included an application of new rules and introduction of legislation that were designed to improve existing methods of pension calculations to benefit people in older age. HISTORY OF PENSION According to the Institute for Fiscal Studies (2010), first state pension in the
As the supply of workers increases, the remuneration firms pay to hire said workers decreases ultimately returning the money to the employer. Even after the economy adjusts to these new wages, businesses who hired more immigrants will continue to have lower
Cabela’s accounts payable has seen relatively similar increases and decreases as its accounts payable. They experienced a huge decrease in AP % Change/ Overall % Change in Sales from 2006-2007. This could be in large part to the recession taking place, causing the company to carry less inventory, thus less accounts payables. Regarding their AP turnover ratio, it has fluctuated continuously over the period, ranging from 1-2.5. Cabela’s DPO ratio has increased throughout the 10 year period.
In chapters twenty seven through twenty nine, Alex discusses the progress made with his boss, and it is determined that Alex will need to show another increase in profits this month. This is going to be a difficult task as the orders have been caught up and the current orders will not produce the results that his boss is looking for. Alex needs to figure a way to get more orders. This he believes may be difficult as their prior reputation was not that great for shipping orders in a timely manner. Every year, I must forecast the dollar volume of mortgage originations that I believe we will be able to close.
The main reason for the decline in tourism to New York was the issue on security and terrorism. In order to get extensive security this places a price on the world economy in the terms of a decline in productivity growth and more restrictions in the free shipping of goods, services and capital. In the following three months after 9/11 attack, cost the city’s economy 143,000 jobs and a $2.8 billion in lost wages, which led to effects on unemployment issues. According to the webpage “Economic Impact Analysis on the 9/11 Attack on New York City” financial services and insurance create over 75% of lower Manhattan’s $73 billion in economic output. These examples show that the 9/11 attack had a domino effect on New York City spending budget in the way that a loss of a source of revenue in area is the loss in another.
In economics, a recession is a decline in economic activity affecting Gross Domestic Product or GDP for at least two consecutive quarters causing negative economic growth (Downes and Goodman). In order the help end the recession the United States government along with the Federal Reserve used Fiscal and Monetary to help prevent a worst catastrophe. Fiscal Policies During the Great Recession, there were quite a few Fiscal Policies implemented. The first policy to be implemented was the Economic Stimulus Act of 2008.
The United States Postal Service, or USPS for short, has been an integral part of the way that the citizens of the United States have communicated since the very founding of this country. However, with a shift to online resources, such as e-mail, as a means of communication, the agency has become virtually irrelevant in the day-to-day lives of individual citizens. People would much rather send an instantaneous message through the internet than wait three to five days for their handwritten letter to be sent to the recipient. Due to this lack of need, the USPS finds itself in a stringent financial situation with dwindling public support. However, with a dramatic restructuring, such as a shift to online services, the USPS can find a way to continue