This website uses cookies to ensure you have the best experience. Learn more

Economics Paper

332 words - 2 pages

Team C, you winners, losers and personal impact need expanded, see comment below, assignment grade 31/40

I. Summary:
* Founder and Promoter Chris Pook
* 40th Long Beach Grand Prix
* April 11-13, 2014
* 80 laps
* 157 miles
* 2014 Winner Mike Conway Bromley, England
* Seven Racing Events
* Several Sponsors
* Pro/Celebrity Race
* Primary Financial Contributor Toyota
* Great Family Outing
* How many attendees?
II. Winners of the Event:
* El Dorado Park Golf Club in Long Beach
* Children Hospital of ...view middle of the document...

Losers of the Event
* Long beach convention center did not book any event for that weekend
* Bad publicity for the brands of cars and tires that did poorly in the race
* Long beach transit has several routes closed that day because of the event
* Restaurant located on the street race were closed
* DUI fines for some people who attended the race and got pulled over by the police due to heavy drinking at the event too much narrative
* Expensive to take the whole family (one ticket averages $55, parking for one day $15 plus food consumption)
* Local businesses outside Downtown Long Beach area
* City, overtime pay

IV. Impact on Individual Team Member and Employer Most of the items below do not appear to have a financial impact
* Lots of noise from the race
* Congested area
* Public intoxication
* Lots of Traffic
* Dentures(dentures are false teeth) to get to and from work
* Blocked freeways (710)
* The locals have to pay an entrance fee to dine at eateries
* Locals have a hard time finding parking at their homes
* No team member’s employers were impacted.


Other Papers Like Economics Paper

Economics Essay

1166 words - 5 pages Exam I AC202 Name Anthony Edwards Multiple Choice: Chose the one best answer for each of the following (2 points each) 1. Which of the following does not impact the calculation of the cash interest payments to be made to bondholders? a. Face value of the bond b. Stated interest rate c. Market interest rate d. The length of time between payments 2. Which of the following is false when a bond is issued

Economics Essay

3334 words - 14 pages Relationship Exchange Rate Stock Price CHAPTER THREE 3.1) introduction This chapter is particularly focused on the various previous studies, which tries to explore the relationship between the exchange rate and stock price. Many studies had been conducted in context to the relation between the exchange rate and stock prices, some studies even have analyzed the relation by considering some of the other variables (like FDI, interest rate


1232 words - 5 pages Strategic Positioning The way a company establishes or position in the mind of their customers and in the market is basically pure marketing, this is called positioning, and the different ways in which it is made is strategic position. Kotler and Armstrong says, “positioning is arranging for a product to occupy a clear, distinctive, and desirable place relative to competing products in the minds of target consumers. Marketers plan positions

Economics - 439 words

439 words - 2 pages 1. A multiplier is a factor of proportionality that measures how much an endogenous variable changes in response to a change in some exogenous variable. For example, a change in spending such as an investment, changes output and income by more than the initial change in investment spending. This is the result of a multiplier effect. Suppose a large corporation decides to invest in a new production plant in a small town. In the first year, $2

Economics - 1149 words

1149 words - 5 pages Essay Question January 2013 01 02 03 04 1. An economic cycle is when GDP growth fluctuates around the trend (or underlying) economic growth. A boom occurs when real national output is rising at a faster rate than the trend rate of growth. A slowdown occurs when the rate of growth decelerates – but national output is still rising. A recession occurs when there is a fall in real GDP for two or more consecutive quarters (6 months or more). A

Economics - 414 words

414 words - 2 pages The Game of Economics | 1.5.3 Test (TS): The Game of Economics | Test | | | | | U.S. and Global Economics (S3234837) | Jenna M. Snider | | | Points possible: 50 | Date: ____________ | | 1. Define each of the terms in the table below. Use the first six terms to define the seventh. (15 points) Term | Definition | Allocation | The action of distributing something | Resources | A stock or supply of money, materials, and other

Economics - 4532 words

4532 words - 19 pages Economics The UK Economy and Globalisation WHY COUNTRIES TRADE GLOBALISATION Globalisation | Expansion of world trade in goods and services leading to greater international interdependence | Globalisation usually leads to: * An increase in outsourcing * Large sums of money being transferred from country to country for financing When did Globalisation First Start? There are three major stages of globalisation

Economics - 2010 words

2010 words - 9 pages situation. The case was written from published sources. © 2009, IBSCDC. No part of this publication may be copied, stored, transmitted, reproduced or distributed in any form or medium whatsoever without the permission of the copyright owner. Background Reading: Chapter 3, “Basic Elements of Supply and Demand”, Economics (Paul A. Samuelson and William D. Nordhaus) License to use for the Class of 2015, Semester – I, IBS Hyderabad. Course: Managerial

Economics - 1310 words

1310 words - 6 pages . Ceteris paribus - "all other things being equal". In economics and finance, the term is used as all else equal or a shorthand for indicating the effect of one economic variable on another, holding constant all other variables that may affect the second variable. For example, when discussing the laws of supply and demand, one could say that if demand for a given product outweighs supply, ceteris paribus, prices will rise. Here, the use of "ceteris

Economics - 837 words

837 words - 4 pages Economics Human beings are an ever changing species when it comes to what they desire and how they attempt to acquire those desires. Economics is the study of how human beings coordinate their wants and desires, given the decision-making mechanisms, social customs, and political realities of the society (Colander, 2010 pg. 4). This is a broad study that encompasses entire cultures. Businesses are burdened to answer three basic questions when

Economics - 1809 words

1809 words - 8 pages ความเจริญเติบโตทางเศรษฐกิจของประเทศเกาหลีใต้เปรียบเทียบประเทศไทย บทนำ Term Paper ฉบับนี้ได้แสดงเนื้อหาเรื่องประวัติศาสตร์การพัฒนาเศรษฐกิจของประเทศสาธารณรัฐเกาหลี หรือที่เรียกกันทั่วไปว่า ประเทศเกาหลีใต้เปรียบเทียบกับประเทศไทยในด้านต่างๆ เนื่องจากมีประเด็นที่เกี่ยวข้องกับการพัฒนาเศรษฐกิจที่น่าสนใจระหว่างสองประเทศนี้คือ ในสมัยทศวรรษ1960 ประเทศไทยมีรายได้ต่อหัวสูงกว่าประเทศเกาหลีใต้เกือบเท่าตัวแต่ปลายทศวรรษ 1960

Related Essays

Economics Essay 1295 Words

1295 words - 6 pages economy. Although there are other economy-crushing issues facing the current economy, the credit crisis seems to be a more eminent threat as we approach the third quarter of the year. This paper explores the credit crisis ascribed to the emirates. The paper explains the underlying economics of this event and describes the main challenges involved, and in conclusion, proposes the appropriate role of government policy in relation to the event. Credit

Managerial Economics Essay

1283 words - 6 pages provider into a bargaining chip. Instead of remaining competitive and streamlined, the provider becomes bloated and slow. Conclusion: Two opportunities and challenges were outlined in the earlier section of the paper. One, poor economic conditions and two, affordable health insurance. As a student in economics, I believe that giving tax incentives through tax breaks can significantly increase the capacity of the economy to create jobs

International Economics Essay

4658 words - 19 pages ECF5921 Introduction to International Economics Assignment Question 1 Based on the article and other related readings of your choice, discuss the economic and social factors that have caused individual behavior to shift towards the consumption of unhealthy foods and unhealthy lifestyles. Compare ‘fat taxes’ and other alternatives that can be used address the problem. Which one would you recommend? Why? Answer Based on the article

Economics Essay 661 Words

661 words - 3 pages Research Tasks PG. 490 1. Due to the high costs associated with transporting products to Europe we have decided to open up a production plant overseas to serve their market it attempt to lower transportation costs. We are deciding whether we should build the plant in Italy, Portugal, or Spain based on the information provided within the Chartbook of International Labor Comparisons. Portugal has 55% of its population working within their