Business And Economy

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1. What are the main benefits to the business economy of a major inward investment project?

Let there be an inward investment project for setting up an automobile or chemical manufacturing plant. The benefits to business economy during the construction perid of the project are greater demand for construction material like steel, cement, pipes, etc. The construction workers flow to the location of the plant: their local expenditure leads to additional business sales of soaps, detergents, food, clothes and various other services. Once the construction phase is over, there is additional demand for supplying raw materials/ spares to the new plant. New plants and the employees of the plant require various supplies and services (like tyres for automobiles, catalysts, bags/ packaging materia/ cylindersl for chemical plants, varous transportation and maintenance and security services). The output from the new plant leads to futher expansion of downstream chemical industries and transport business. The employees of the new plant create additional demand for various goods and services in the region. So, the business economy benefits in various ways - these are called backward and forward linkage effects.

2. Which countries are becoming powers in the business economy world?

India is a developing country that's gaining influence by virtue of its vast population, which is well over 3 times the size of the U.S. However, India is a country of many languages that inherited the English language from its British colonization days - English remains the common lingua franca in that country and actually helps hold it together. Chinese Mandarin has not yet spread significantly beyond the Chinese border as a common business language spoken broadly, but it's only a matter of time before that changes since, even more than India, growth in the Chinese economy will continue to outpace the rest of the globe. In the western hemisphere, geographically Spanish is the most dominant language. I live in San Diego and have a 3-year old son - I'm going to be advising him to learn both Spanish and Mandarin Chinese (I speak Spanish myself). If you're anticipating being a part of Pacific Rim trade, I'd highly recommend you do the same. You could make yourself highly marketable if you had any technical skill and were fluent in English, Spanish, and Chinese. Good luck.

3. Business and the Economy your opinions and experience?

Although things have droped signifigantly, I really don't see much of a long term effect, maybe another 3 months tops. The market has started to level off again, and it's still up around 7% since last year. Credit Crunch has diminished real estate, and loaning institutiions, but they've gotten themselves well situated seeing as they're still getting a steady income relatively speaking. Everythings well set... I think you'll see more of a change in pace depending on who's elected President... Remember Hilary will take the oil companies profits, so what do you think they're going to do to make money??? Figure there's even a fair chance Huckabee puts in a fair tax and does wonders. Cross your fingures, if you want to see growth...Wow, with a flat tax you'll see it!!!

4. Has the economy affected your business lately?

yes but no. honestly, no because i'm a Soldier in the US ARMY. but then the economy is down because of this war that seems like it's never gonna end, and for everyday that we continue to spend over there, the economy gets worse.

5. how do i get rich in business when the economy of a state is not stable?

stop whining. the economy is fine. GDP growth is projected at almost the same levels as last year. if you can't make money, you have only yourself to blame. you can make money today just like you would have 2 years ago - by working hard, being competitive, and actually doing something you're good at. i hate to say it, but if your company can't make money, then it's most likely because you don't know what you're doing. maybe try selling the business and getting into something you're actually good at. if you're not good enough to make money there, either, than just give up on being a business owner, because you're obviously not cut out for it. there's far less shame in throwing in the towel when you can't compete than staying in business, and letting your family go hungry.

6. How can anybody succeed in a business when the economy is not doing so well due to the war?

In general, wars actually stimulate the economy because government spending goes way up, as has been seen. Unemployment numbers are near all-time lows. We're definitely below 5%, which is very good, so that's not really to blame. The Fed is actually trying to slow down the economy because it's booming too much. Right now, the US has one of the stronger economies in a while. I see that you're a TA. You could try an go back to receive more education and become a full teacher instead of just a TA. There are probably more job opportunities there. And your particular job doesn't have as much to do with overseas jobs. Those are more call centers, programming jobs, manual labor, and so forth. Teachers can't really be moved overseas.

7. Should I still open a business even though our economy sucks?

well it all depends on which mall, the location in the mall where you stand would be, and the amount of traffic that passes through that area of the mall. what i would do is take notice on a regular basis on how well other kiosks are doing.

8. How might the economy affect a business if.....?

From your question I have to assume that you are living in the US and don't intend to leave. In that case a weak US dollar is best for you. The money you make in other countries will translate into more US dollars. Since much of what we buy comes from china and other nations that peg their currency to our dollar, your buying power will not be affected. The only thing that would cost more is energy like gas, but really that is an insignificant cost of living. Most American spend more money on their homes, entertainment and food and very little on energy. If there is a decline in the Yen the obviously the opposite would be true. Any money you make in the other country would translate into less US dollars. This is of course assuming your company is profitable. I guess if you were just starting a buisness or it isn't profitable that is a whole other issue. This is all based on when you actually exchange the profits for US dollars. In general if you work or own a business and live in the US a weak dollar is better for you in every way. If you say for example you inherited a fortune and don't work for a living and your assets are in US dollars and you want travel all around the world, then a Strong US dollar would benifit you. But considering that you would likely have your money invested in US companies or hidden in overseas banks and spend most of your time in the us a Weak dollar would still be a good thing. Really a weaker currency where you spend your money is always best.

9. How do you determine where the economy is on the business cycle?

The reality is that no one can tell you today where the economy is in the business cycle. These are things that are determined after all reports come in so we get the news about what it was like last month or last quarter. Then people try to predict what the trend is. This is pretty much what mutual fund managers do, base their actions on the recent historical data and make guesses about where teh markets are heading. When you look at who the top fund managers are, the list is continually changing because they are making educated guesses. As an individual investor, you don't need to worry about what the expected fiscal/monetary policy is, because unless you are managing a multi-million dollar asset base (in which case you would not be asking the question you did), you are not going to be affecting the market or having to produce results to keep shareholders happy. Sectors of the economy that will alwys do ok are sectors that provide the things people have to have. You won't make a fortune, but your investments in these areas will grow steadily (you still have to monitor them) if they are managed appropriately. Think of the things you use every day and start looking at those companies. A small part of your portfolio should be things that are a little riskier, thereby offering a greater potential return. These are areas that are delevoping new technology or products - they might suceed, they might not. You might make money, you might lose your investment. Remember that the more trades you make, the more commission fees you pay. I actually now make a certain amount of investments based on the trends of various mutual fund managers - I know they have to make a profit and will rebalance their portfolios accordingly. They are not necessarily buying stocks based on the soundness of the underlying company, but on the odds that there will be an increase in the stock price. This means that the fiscal/monetary policy has less to do with the daily stock price than textbooks will tell you. I wish more people would buy into my compaines - so I could move out of those at a HUGE profit and into other great companies that I've researched! Right now, I have to settle for REASONABLE profits.

10. Anybody in the garden, landscape or nursery business: How is business looking? Economy good or no you think ?

welcome dan sorry about your business over here its booming as we no longer get the really bad winters so there are some benefits to this warming

11. Start a new business the way the economy is?

Me and one of my girlfriends started a company about 7 months ago. Yea it is slow, but there is always risk involved like you said. I would ask around people in your industry. If you do research during the depression only the rich went to see movies. Also compare this years sales to last years and five years ago. You will know if it's the right thing to do. For us it means we have to work 100 times harder. But hey after it hits rock bottom, it only has one way to go, UP! Then you will all ready be established! That's what helps me get through the day lol! Good Luck!

12. Which countries have little to no government regulations in regards to the business economy?

13. Can I change one business class ticket to two economy?

You'll have to check with the specific airline that your company booked you with. It also depends on the type of ticket they purchased (refundable, etc.). You may have to pay a small transfer fee or any difference in the cost of the tickets, but it is definitely do-able. Enjoy your trip!

14. What is the difference between economy, business first class flights?

Economy (poverty), No leg room, OK service, cheeper Buisness. Better by around 70%, Much more leg room, better service, $1, 000-2,000 more expensave! 1st. Endless leg room, Top resteraunt like service, cheif menu, $5,000-10,000 more expensave!

15. I have a hard time to decide between Undergraduate 2 Majors. Business administration and Economy.?

16. Do economic think tanks analyze the US economy on the natural business cycle or the political business cycle?

17. what's the differences between first class airline cabin, business and economy. Thanks for your help:)?

the difference is the spelling!

18. I want to start my own business but I'm not sure if it is a good idea with the economy. Can anyone help?

During a recession, people are looking for lower-cost activities, so a craft center might be a good idea. However, craft-related businesses often have a very slow growth curve as word gets out about your business. (My wife is a Creative Memories consultant, selling scrapbooking products, and runs scrapbooking workshops; previously she ran a Kids Can Sew business; so I think I have some sense of what you're thinking about.) I would strongly suggest that you prepare a very detailed business plan, identifying all your known expenses for the business, and try to include realistic projections about revenue. Some expenses will include: rent, business license fees, possibly incorporation costs, accounting help (to deal with payroll tax reporting), employee wages, inventory/'cost of goods sold,' cost of consumable supplies, furniture (tables, chairs, shelving, storage), tools, insurance (several kinds!), advertising (yellow page, web site other internet advertising, newspaper, newsletters, etc.), utilities (heat/light/phone), and DOZENS of other expenses. Nearly ALL new businesses lose money during their first year, and of course most new businesses fail within the first 2 years. One question I always ask people is, have you worked in this industry before? If not, how can you really know if you've identified key issues, and of course how can you know if you'll enjoy the work? In terms of predicting the market or likely revenue, there is absolutely NO measure that's better than knowing the actual sales and profit figures for other, similar businesses. Some of your potential suppliers may be able to help you make connections with similar businesses in other regions (not your local competitors). There are local organizations that may be able to help you get FREE advice (I believe SCORE helps small business startups with advice from retired businesspeople; if you're considering taking out a business loan, your banker may be able to point you to helpful resources).

19. What should a student interested in Business and the economy do in highschool?

20. How can Obama improve the economy if he is not pro-business?