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- From humble beginnings in 1865 as a timber company, the Nokia conglomerate had by the 1980s become Scandinavia's leading maker of consumer electronics. Focused on the nascent telecoms industry, by 1988 it was the dominant mobile handset producer, with a 13.4% market share of the global market (Motorola in second place held 12.8%, Japan’s NEC had 11.2%).1 Leveraging off its expertise in radio and wireless technology, Nokia was instrumental in developing the 2G digital technology that enabled text messages and voicemail which would become standard throughout Europe. By 2007, Nokia had 38% of the global mobile phone market and 49% of the global smartphone market. Samsung and Motorola were in second and third place in mobile, with 14% and 13% respectively. In smartphones, second-place BlackBerry held a 10% market share. Apple's newly introduced iPhone had just 3%. Three years later, Nokia was on a fast track to oblivion. In 2010, the company issued two profit warnings. The CEO was…From humble beginnings in 1865 as a timber company, the Nokia conglomerate had by the 1980s become Scandinavia's leading maker of consumer electronics. Focused on the nascent telecoms industry, by 1988 it was the dominant mobile handset producer, with a 13.4% market share of the global market (Motorola in second place held 12.8%, Japan’s NEC had 11.2%).1 Leveraging off its expertise in radio and wireless technology, Nokia was instrumental in developing the 2G digital technology that enabled text messages and voicemail which would become standard throughout Europe. By 2007, Nokia had 38% of the global mobile phone market and 49% of the global smartphone market. Samsung and Motorola were in second and third place in mobile, with 14% and 13% respectively. In smartphones, second-place BlackBerry held a 10% market share. Apple's newly introduced iPhone had just 3%. Three years later, Nokia was on a fast track to oblivion. In 2010, the company issued two profit warnings. The CEO was…3 a) Start with a model of the situation before the crisis in Ukraine. Draw a model of a representative individual firm in the market for wheat, i.e. an Australian wheat farmer who is a price-taker in the global market for wheat, in long-run equilibrium. Comment on the assumed market structure. Show and explain the amount of wheat the farmer will produce to the market, and explain revenue, costs and profits.
- ***THESE ARE NOT QUICK ANSWERS. This case discusses the case of India and the potential impact of the new government's reforms on the future of India. The case discusses some of the factors that have prevented India from growing faster while also emphasizing the need for reforms. Answer the following questions: 1. What are some of the factors that show that India has lots of promise to shine among the emerging market economies? 2. What are some of the factors that are preventing India from achieving its full potential? 3. Why was China able to achieve such economic growth more easily than India? 4. What are some of the tough reforms that India has to go through in order to succeed?Video streaming took the entertainment industry completely by surprise, quickly rising from the bottom of the market as a low-cost way for people to watch shows and movies to eventually disrupting the cable industry and driving video rental stores into the ground. Netflix has become the largest subscription video provider in the US, outstripping cable and satellite. How does rivaly among existing firmsAnd the Bargaining power of customers influence Netflix's ability to compete in the market.Crowd farming platform Livestock Wealth is planning to establish presence in the Southern African Development Community (SADC) region over the next year after growing its asset valuation to become a R100 million business. The fintech platform says it has seen increased demand for its investment products and services, particularly since the onset of COVID-19, as the pandemic fundamentally re-shapes the world of investment portfolios, with more South Africans seeking financial security.Developed by KwaZulu-Natal-born electro-mechanical engineer Ntuthuko Shezi, in 2015, Livestock Wealth offers people with no access to land, time or skills the opportunity to own livestock within a professionally managed farming operation. Through the Web and mobile application, investors are able to invest their money in cows and agricultural food products, rather than in unit trusts, shares or exchange-traded funds. In a telephonic interview with ITWeb, Shezi, who calls himself ‘cow executive officer’ of…
- Chapter one: A Chance to Fly; India's economy THESE ARE NOT QUICK ANSWERS. This case discusses the case of India and the potential impact of the new government's reforms on the future of India. The case discusses some of the factors that have prevented India from growing faster while also emphasizing the need for reforms. Answer the following questions: 1. What are some of the factors that show that India has lots of promise to shine among the emerging market economies? 2. What are some of the factors that are preventing India from achieving its full potential? 3. Why was China able to achieve such economic growth more easily than India? 4. What are some of the tough reforms that India has to go through in order to succeed?1. Complete the following questions: a) What are the factors that can influence a country’s standard of living? b) Do you think it is possible to achieve unlimited growth if a country had all the available factors of production? Why or why not? c) Do you agree or disagree with the assumption that greater capital expenditures hinder the growth rate of economic progress? Why or why not?Despite the sharp economic contraction during 2008-2009, the increase in protectionist mea sures was fairly modest. Why do you think this was the case?
- “ The Tata Nano car has been labeled the Model T for the twenty-first century. Selling for $2,500, it claims to be the world's cheapest car and could democratize car ownership in indian and other emerging markets by fulfilling the dream of a lot of people in those countries who would like to own a car. Do you see potential for the Nano beyond India? Why or why not? If yes, what criteria would you use to select markets? Could Tata even launch the car in developed markets such as Hong Kong or Japan? Why or why not? For a visual impression of the Nano, view these YouTube clips (see, for example, http://www.youtube.com/watch?v=wzuy3Aw0iDo).”In these unusual and trying time of pandemic (2020 -2021), many businesses and companies suffered difficulties and closures bankruptcies while others struggled to survive because lockdowns and restrictive governmental regulations to curb the virus of Covid 19. Despite economical and financial assistance from the government, some businesses opted to reduce the size of the work forces significantly hoping to cut costs and to improve the bottom line. This action might raise investor confidence and, consequently, the stock price goes up. Explain your impression of the decision of these companies? Was there any kind of ethical lapse in laying off the employees; or was it a practical decision necessary for the survival of the company?3-Remember 1929 Big Depression. Today all the World seems to go through a big crisis… Compare Turkey and all over world economic situations after pandemics, increases in prices, crisis in production. And tell about your ideas where Turkey and world is going? Can it be a new Big Depression? What precautions shall governments take?