The Republic of Congo possesses the lowest GDP per capita in the world- therefore making it the poorest country in the world (Kaswala). According to the ‘Borgen Project’- Congo’s GDP per capita in 2012 was a mere $370 comparing to the richest country at the time (Quatar) with a GDP per capita of $100,000 (Kaswala). Now in 2015, Congo’s GDP has increased, but only by little. It now has a GDP per capita of $435 (Finance).
Chocolate is one of the most popular type of food in the world. Nearly 53 percent of the chocolate consumer in USA eats chocolate once a week. Moreover, according to elite daily “Chocolate’s scent increases theta brain waves, which induce relaxation. This is mainly why people feel better about their problems after eating loads of it”. In fact, chocolate industry in United States accounts for 13 billion dollars and people consume 3.1 million pounds every year.
• The world’s population is poised to expand 50% by 2050. The world is currently 78% poor, 11% middle income and 11% rich. • Some two-thirds or $6.6 trillion out of the $10 trillion American economy is consumer spending. About 40% of that ($3 trillion) is spending on discretionary products and services. • Retail trade in Europe employs 15% of the European workforce (3 million firms and 13 million workers) • Time and quality of life are becoming relatively more important than money; 60% of Americans want to simplify their lives.
The cost of a Big Mac meal had been close to five euros, meaning it was almost eighty-three rand. With the decrease in the country, everything became more expensive, for everyone living in South Africa. This lead to more retrenchments in companies, leaving many without jobs. The average unemployment rate in 2016 in South Africa had been 25.6 percent (Writer, 2016). One of the highest in the world.
In 1979, Target attained $ 1 billion in annual sales. They have by now 74 stores in 11 states, and they wants to keep opening other Target. In 2005, Target surpasses $ 50 billion annual sales. Today Target has 1799 stores in the United States and has 38 distribution centers in the United States. As of today Target is worth $ 72.6 billion and is ranked to be the 92 World’s Most Valuable
25 Most Fragile And Vulnerable Countries Twenty five countries make up for most tenuous and dysfunctional countries of the world. The Foreign Policy magazine has produced Fragile State Index that consists of annual ranking of the world’s least stable countries. These rankings are based on 12 metrics that includes access to public services, legitimacy of the state, prevalence of refugees and internally displaced persons, and human rights. It came out without a surprise that the Scandinavian countries make to the bottom of the annual ranking. On the contrary you may be surprised to know that North Korea, being one of the most closed off and tyrannical countries in the world, escaped the top 25 list.
The highest selling export in Rwanda is coffee and tea. The countries that receive most of the exports are european countries. The main import of Rwanda is industrial building materials such as steel and machinery parts. The total population of Rwanda is 11.61 million people with three percent being unemployed. Rwanda is ranked the 134th largest economic country in the
The manufacturer and sellers of Power Balance had claimed that the wearer would experience up to a 500% increase in strength by placing it within his/her “natural energy field power and flexibility just by wearing the bracelet itself. With a relatively expensive price for a normal regular silicone bracelet, power balance averaged around $60 just for each regular band. With the sudden booming of athletes and celebrities wearing power balance, the trend had led to data showing that over 2.5 million bands were at least sold worldwide just by the end of September that
In the year 2010, it spent almost $800 million on ‘non-traditional’ methods of advertising. • Nike has chosen to target the seventeen year olds more as research has shown that the 17 years olds spend 20% more on shoes than the adults. • It has decided to do away with the dependence on the ‘big budget top-down brand campaigns that usually celebrate just one hit. • Its advertising and marketing campaigns are widely split between advertising agencies that specialize in recent technologies and social media. • It has chosen to focus more on the production of ‘cool stuff’’.
In comparison to Nike’s closest competitor, Adidas, the figures are miles apart, in 2014 Adidas spent around €2 billion ($2.7 billion in 2014) on marketing. (www.warc.com, 2014) This is a full $300 million in the difference and contributes to Nike’s successes in marketing itself. Advertisement The money Nike spends on advertisement is wide-ranging in terms of the different ways the brand is advertised. The most prominent way Nike do this is in local stores, for example in JD sports, not only do JD sports carry the Nike product, but the Nike product is very often displayed in the window of the store, this means it is the first product the consumer sees before entering the store and thus is in their mind when they are looking around the store. Another example of Nike advertisement in effect is the placement of products on social media, Nike pay multinational corporations like Facebook, Instagram, Twitter and Snapchat amongst others to display their products to users of the social media website, this gives Nike the exposure to show off their products to consumers and boost their sales.