.... crime. Thomas Jefferson once said, "he who receives an idea from me, receives instruction himself without lessening mine; as he who lights his taper at mine, receives light without darkening me." Unfortunately, Thomas Jefferson lived in a different time. He lived in a time when piracy was not as evident and intellectual property was not worth so much. In China, the largest crime which is currently occurring is intellectual piracy. Unlike the pirates of old who plundered the merchant vessels and ports of the South China Sea, modern day pirates are more interested in illegal replication of intellectual rights. From music compact discs to computer software to films ....

.... absence of a reliance on individuals mostly characterize it. Bureaucracies have during the years been criticized for their high level of control and impersonal relations with its workers. –high levels of labour turnover and absenteeism Modern business environment is increasingly competitive. More competitive companies in the market place has meant that firms have had to act more quickly and constantly look to adapt to change. To be competitive firms need a good communication system where information can be passed quickly and efficiently. When considering bureaucracies, with the high level of division of labour and hierarchical structure we can see that the decision m ....

.... a large tourist business and a growing manufacturing industry. Hawaii's economy has changed drastically since statehood. In 1958, defense, sugar, and pineapple were the primary economic activities, accounting for 40% of Gross State Product (GSP). In contrast, visitor-related expenditures stood at just over 4% of Hawaii's GSP prior to statehood. Today the positions are reversed; sugar and pineapple constitute about 1% of GSP, defense accounts for just under 11%, while visitor-related spending comes close to 24% of Hawaii's GSP. The movement toward a service- and trade-based economy becomes even more apparent when considering the distribution ....

.... current account deficit is considered a bad thing is because it affects the exchange rate, as a reduction in the Australian dollar restricts the things we import. b) What are the main reasons for Australia experiencing a sustained CAD? Australia is experiencing a sustained current account deficit for many reasons. These reasons include: high interest rates, worsening terms of trade, high consumer spending and less saving, inflation, variations of the exchange rate, freight and tourism and international competitiveness. The first reason is the fact that interest rates on existing debt are high as well as the fact that we don't save enough, adds a considerable cost onto the ....

.... handling international trade through foreign distributors and domestic sales through franchised outlets. Industry sales of motorcycles were shrinking in the early l990s because of the recession and the competition from computers and electronic products decreasing consumers' discretionary income. Sales of accessories and parts make up 36% of total retail sales and is a viable area for producers to explore because people want something to differentiate their bikes. Previously, motorcycles were viewed as a cheap means of transportation. By 1992, they came to be viewed as a recreational, or a luxury item. This new perception of motorcycles led to the introduction of more ....

.... market equation is necessary in order to account for the flaw in Efficient Market Theory. Efficient Market Theory: A Contradiction of Terms Efficient Market Theory (EMT) is based on the premise that, given the efficiency of information technology and market dynamics, the value of the normal investment stock at any given time accurately reflects the real value of that stock. The price for a stock reflects its actual underlying value, financial managers cannot time stock and bond sales to take advantage of “ insider” information, sales of stocks and bonds will not depress prices, and companies cannot “cook the books” to artificially manipulate stock and bond prices. ....

.... the United States didn't mind and, actually, wanted to help Russia. But why? Why the United States wanted to help Russians? And I think the answer to that is very simple: the United States realized that America and Russia must not think of each other as natural enemies, but must work together to make more peaceful world, even if they were ready to destroy each other not that long ago. United States needed Russia as a strong partner in the twenty first century. Russia went through many changes in its economy since the Russian Federation took over the Soviet Union. "An economy devoted almost entirely to the production of military goods was forced to begin to provide what i ....

.... is the reserve requirement. The reserve requirement is the percentage of money that the bank is not allowed to loan out. If it is lowered, banks are required to keep less money, and so more money is put out into circulation(theoretically). If it is raised, then banks may have to collect on some loans to meet the new reserve requirement. The tool known as open market operations influences money and credit operations by buying and selling of government securities on the open market. This is used to control overall money supply. If the Fed believes there is not enough money in circulation, then they will buy the securities from member banks. If the Fed believes there is too muc ....