The Recession Of A Recession - 1035 Words

Economical term ‘recession’ means a significant decrease in activity across the economy, which last longer than few months. This phenomenon is visible in employment, wholesale-retail trade, and others. The recession is considered a normal part of the business cycle. Nevertheless, a one-time crisis can trigger the onset of a recession. The global recession through 2007 to 2009 resulted in significant breakdowns to practically all the developed and developing countries. In order to prevent a future financial crisis, numerous government policies were enforced. A recession usually last 6 to 18 months and interest rate fall to stimulate the economy. During a recession, people tend not to spend, borrow, but to save money because of a fall in confidence. The government initiates an expansionary fiscal policy which involves increasing stimulus government spending and cutting taxes. However, the question is can increased stimulus spending help end the recession. The first article , â€Å"Increased Stimulus Spending Can Help End the Recession† by Lawrence H. Summers, argues that â€Å"for a successful economic recovery, the US government must pursue measures that increase confidence, borrowing, and spending† (Summers 1). Summers alleges that the reason why recession keeps on is because of lack of demand. An increase in spending to increase demand is the cure, even though too much spending was part of a cause in recession. Summers defined a recession as: Recessions are times when there is tooShow MoreRelatedThe Recession Of The Great Recession1525 Words   |  7 Pagesexperienced a financial crisis known as the Great Recession, which affected much of the world. It officially lasted from December 2007 to June 2009 and all began with the bursting of an 8 trillion dollar housing bubble. A volatile mixture of financial market chaos -triggered by the housing bubble- and low consumer spending left millions of Americans wondering about their economic fate, the fate of their neighbors, and the fate of the nation. The Great Recession, from 2007-2009, is the greatest economic downturnRead MoreRecession Of 2001 : Recession Essay1787 Words   |  8 Pages Armstrong ECON 2301 2 Dec. 2016 Recession of 2001 Introduction On the 26th of November 2001, the National Bureau of Economic Research, declared that after ten years of economic expansion, the United States was in a recession as of March 2001 (Coplan 9). During the last quarter of 2001, the United States experienced a terrible tragedy; the 9/11 terrorist attack. However, economists believe that even if the terrorist attack had not taken place, the recession would have still been present, but itRead MoreCharacteristics Of A Recession : The Great Recession1200 Words   |  5 PagesThe Great Recession was a hard time for most of the country. The economy had dropped so low that it was the largest drop since the Great Depression. People were not only losing their jobs but also their homes due to the fact that they could no longer afford their payments. People cut back on spending all together and in turn that affected a lot of businesses. Characteristics of a recession are defined as by the U.S. Bureau of Labor, â€Å"A general slowdown in economic activity, a downturn in the businessRead MoreRecession Within Americ Recession778 Words   |  4 PagesRecession within America Today the United States Americans more than ever; there is a constant fear of an awaiting recession due to the economy. The recession in the later 2000’s has been known as the greatest economic decline since the Great Depression. The United States of America, the banks and businesses are not able to succeed and are failing due to the market. Many people across America cannot afford their homes or bills due to the unemployment rate that seems to keep increasing. ManyRead MoreThe Recession Of The United States Recession2003 Words   |  9 PagesRecession is termed as a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters. Based on the complete recession that took place few important points that I could gather in specific considering each type of recession are listed below. How it took place? Causes for it and what impact it had on the audience. Let me discuss about this in brief. The recession of 1937-38 is usually known as â€Å"the recessionRead MoreEconomic Recession1290 Words   |  6 PagesEconomic Recession of 2007 William Mwangi Class title and section Professor’s name Due date of Assignment: 26th August 2011. William Mwangi Economic crisis Class Professor’s name 24th August, 2011. Economic Recession of 2007: What caused it and what were the after effects? Can we predict another major recession? Thesis Statement: Although the recession that dates back in 2007 is still long and deep and surely has shown some recovery, the potential that it will completelyRead MoreCauses of the Recession1623 Words   |  7 PagesOver the past few years our country and the rest of the world has experienced an economic crisis. For the United States, it’s been one of the worst economic recessions since the Great Depression during the 1930’s. The recession was caused by many downfalls but the majority was caused by the collapse of the housing market. In the years before the crisis, the behavior of lenders changed dramatically. Lenders offered more and more loans to higher-risk borrowers, including undocumented immigrantsRead MoreThe Success Of A Recession1418 Words   |  6 Pagesjudged until later down the road. For example, a recession is not something that just happens over night. In the event leading up to a recession, there are many factors and every recession is unique in their own way. As for the great recession in 2008, the causes included subprime lending, and greed amongst lenders and borrowers. Before jumping straight into the causes of the 2008 recession, first you must be informed of the history in previous recessions America has had to face. Since the Great DepressionRead MoreThe Great Recession734 Words   |  3 PagesA variety of events led to the event that would be known as the Great Recession. Blame is shifted around between the large Wall street banks, the federal government giving loans with very low to zero interest rate, and investors desperately wanting something to invest in. The large Wall street banks are to blame the most, as everything leads back to them. The origin starts of the recession starts earlier, in the late 90’s and early 2000’s. After the dot com bubble burst and the September 11th terroristRead MoreThe Great Recession2780 Words   |  12 Pagescommercial real estate, corporate junk bonds, and other forms of debt. Total losses of U.S. banks could reach as high as one-third of the total bank capital. The crisis has led to a sharp reduction in bank lending, which in turn is causing a severe recession in the U.S. economy. This article analyzes the underlying causes of the current crisis, estimates how bad the crisis is likely to be, and discusses the government economic policies pursued so far (by both the Fed and Congress) to deal with

Summary Dow Chemical And Dupont - 1587 Words

Cybersecurity Background Summary On June 28, Dow Chemical and DuPont stated provided an update to their much anticipated merger agreement of both companies, which will occur sometime in August 2017 (DuPont, 2017). This will surely prove a challenge as this will be a massive worldwide merger, as both companies employ personnel on a global scale. Not only will it this merger be a personnel challenge, but a challenge for cybersecurity as well. As companies begin to expand, and technology merges more fully into the workspace cybersecurity becomes more of a challenge that must be faced. Computer and cybersecurity go hand in hand in today’s evolving business world; if neither of these things are done well, a business has the potential of†¦show more content†¦When information is initially placed into a user’s computer, it must somehow be routed, and the various layers of the Internet allows for this to occur. One can think of an example of a person sending a package and using the services of a postal carrier to think of how data is carried through on various networks and its levels. The Internet is a wonderful place, but it can also be incredibly scary as it was initially designed to share information and not necessarily to ward against those that would do harm against others. In today’s ever evolving work place, something as simple as network patching can reduce the company’s attack surface up to 70% (Stewart, 2017). Overall, a company must become more proactive in their thought process. It is no longer about the possibility of an attack occurring, but more than likely the ‘when’ of a cyber-attack occurring to a business. In addition to keeping up with patches, a company should have security products installed such as firewalls, anti-virus programs, or anti-malware software in order to block or contain threats if they do get through. Lastly, many cyber incidents start with human error; in tests done by the firm Critical Defense (the firm does post-breach forensic investigations), the executive vice president stated that 75% of the time, â€Å"we tricked end-users into doing something they should not have done, like click a malicious link, enter a userShow MoreRelatedNuclear Power Over Our Environment1125 Words   |  5 PagesAbsolute power over our environment has been ceded to the companies that produce genetically modified organisms in Hawaii. â€Å"For the better part of two decades, BASF Plant Science, Dow AgroSciences, DuPont Pioneer, and Syngenta have been drenching their test crops...with some of the most dangerous synthetic pesticides in use in agriculture today, at an intensity that far surpasses the norm at most other American farms†¦Ã¢â‚¬  (Koberstein). Not only have they been present within Hawaii’s agricultural systemRead MoreA Case Study On Shareholder Activism, Proxy Advisors, And T he Proxy Voting Process2320 Words   |  10 Pagescontext with a case study on the recent DuPont (NYSE: DD) vs. Trian Fund Management Proxy Fight that occurred between 2014 – 2015. The DuPont vs. Trian Fund proxy fight, one of the largest proxy fights in history, will give insights into the influence and tactics of activist investors, the role of proxy advisors such as ISS and Glass Lewis, and mergers as a result of activist investors. DuPont is a 214-year-old global chemical company that creates chemicals for agricultural, consumer, and industrialRead MoreDu Pont Paper Capital Structure Case2836 Words   |  12 PagesB.A. 142 CASE 2 EXECUTIVE SUMMARY E. I. du Pont de Nemours is an American chemical company that has recently acquired the major oil company of Conoco Inc. and is becoming one of the largest chemical manufacturers in the United States. Its financial conservatism has pushed Du Pont to the forefront of the industry as its profitability soared, providing it with the liquidity to readily finance its cash needs. But several competitive conditions posed a challenge to its risk averse financialRead MoreBasf Marketing Report6884 Words   |  28 Pages Executive Summary BASF the chemical company is a provider of chemicals that has operations on five continents selling intermediates to various different industries. Founded in Manheim Germany in 1865 BASF has continually been on the move growing its presence globally. Aggressive expansion in the 1960’s led to this global presence with continued growth into the Asian markets planned in the early 2000’s. In order to be known as â€Å"The† global chemical supplier BASF redefined itsRead MoreEastman Industry Analysis2728 Words   |  11 PagesEastman Chemical Company - Executive Summary Eastman Chemical Company, which was spun-off from parent company Eastman Kodak in 1994, was founded by George Eastman in 1920. Eastman Chemical is a global specialty chemical company that produces a broad range of products found in items people use every day. With a portfolio of specialty businesses, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. Eastman serves customersRead MoreGE Case Study2927 Words   |  12 Pagesï » ¿ Case Study GE’s Two-Decade Transformation: Jack Welch’s Leadership By For BUS 463 - AE Contents Summary of Background and Facts General Electric General Electric (GE) occupied the eighth spot on Fortune 500’s list of companies at the close of 2013. While number eight was a slide from 2012’s number six GE maintains its position, as one of the world’s largest and most influential corporations. Today, GE’s operates in over 160 countries and is led by Jeffery ImmeltRead MoreRestructuring Nova Chemical Corporation7793 Words   |  32 PagesRESTRUCTURING NOVA CHEMICAL CORPORATION GROUP 9 ABEL BESONG NATION BOBO PAUL BOAHENG BUSAYO APANISHILE LITA ASTUTI NAPITUPULU Q1 Q2 Q3 Q4 Q5 Offered Price of $150/$160 million Acceptable: Justification of Method Market Valuation: Revenue (Sales) Multiples Revenue multiples is preferred because it is less affected by accounting choices. The approach measures the market value of the operating assets of IPD in relation to market value of operating assets of comparableRead MoreExxon Mobile Capstone40455 Words   |  162 PagesGarner Rajesh Goudar Venkat Iyer               Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚      1.   WALL  STREET  JOURNAL  ARTICLE  AND  THE  EXECUTIVE  SUMMARY ............................................................................ 1   WALL  STREET  JOURNAL  ARTICLE......................................................................................................................................................1   EXECUTIVE  SUMMARY ...........................................................................................................Read MoreSix Sigma: Overview3392 Words   |  14 PagesResources |Shop Direct Group | |Dow Chemical Company |Siemens AG | |DSB Bank |SKF | |DuPont |Starwood Hotels Resorts Worldwide Read More50 Harmful Effects of Genetically Modified (Gm) Foods14312 Words   |  58 Pagesmeans to control not only genetically modified organisms but vast reaches of human food supplies. This has been the behind-the-scenes and key factor for some of the largest and rapid agri-chemical firm mergers in history. The merger of Pioneer Hi-Bed and Dupont (1997), Novartis AG and AstraZeneca PLC (2000), plus Dow s merger with Rohm and Haas (2001) are three prominent examples, Few consumers are aware this has been going on and is ever continuing. Yet if you recently ate soya sauce in a Chinese

Finance Cash Flow Statement

Question: Discuss about theFinancefor Cash Flow Statement. Answer: Introduction:- Cash flow statement is one of the main financial statements as per the statutory requirements for annual reporting. The statement relates the cash balance of the accounting entity with the three main business activities operating, investing and financing. Cash Balance:- According to AS 3, cash flow statement should exhibit the balance of both cash and cash equivalent items. The term cash can be defined as the available cash in hand and amount of deposits on demand in bank. Cash equivalent items are those short-term and highly liquid investments, which can be converted into cash very easily and the values of the investments do not change very significantly for such conversion (Pavlovi? Bogdanovi?, 2013). Operating Activities:- Operating activities can be described as the business activity, which is the main source of income for the accounting entity. In general, operating activities not only generates revenue for the entity but also helps the entity to create an identity amongst the public (Miao et al., 2016). Investing Activities:- Any form of purchase or sale of long-term non-current assets, including various investments, which cannot be classified as cash equivalent, is regarded as the investing activities (Hoskin et al.,2014). Financing Activities:- Financing activities are such business activities, which cause altercations in volumes and proportions of owners fund, invested by the owner as capital, and different types of loans and borrowings, taken by the accounting entity (Lee Parker, 2013). Conclusion:- The statement of cash flow exhibits the effect of these activities, stated above, on the balance of cash and cash equivalent items within a certain period. References:- Hoskin, R. E., Fizzell, M. R., Cherry, D. C. (2014).Financial accounting: a user perspective. Wiley Global Education Lee, T. A., Parker, R. H. (2013).Towards a Theory and Practice of Cash Flow Accounting (RLE Accounting)(Vol. 50). Routledge. Miao, B., Teoh, S. H., Zhu, Z. (2016). Limited attention, statement of cash flow disclosure, and the valuation of accruals.Review of Accounting Studies,21(2), 473-515. Pavlovi?, M., Bogdanovi?, J. (2013). Cash flow statement.kola biznisa, (3-4), 129-147