Group Project Nike Paper Essay

Your specific assignment is to conduct research, analyze, and prepare a report for the CFO on the actual financial performance of the company that you choice for the years 2009, 2010, and 2011. In addition to reviewing the traditional financial performance indicators, you are also to review the companies past and current stock performance for the same periods. Your report is to consist of three parts: 1. an evaluation of the company’s financial performance for the periods 2009, 2010, and 2011 2. an evaluation of the company’s stock performance for the periods 2009, 2010, and 2011 3. finally, a specific recommendation, with supporting rationale, as to whether or not the company’s recent financial and stock performance are of sufficient financial strength to warrant entering into a long-term commitment with the company To assist you in your task, the CFO has provided the following general guidance. As it is recognized that the many companies are undergoing a major contraction, it is very important for you to compare the company’s financial and stock performance trends with those of the industry. You are to consider all necessary and relevant financial performance and stock information, trends, and projections in supporting your recommendation. Relevant factors include, but are not necessarily limited to, financial statement analyses, financial ratio trends and industry comparatives, capital spending, stock growth, Beta values, credit rating service valuations, bond rating valuations, and management and investment reports, when these documents are available. REPORT REQUIREMENTS Your final report is to be an executive-level financial report directed to the CFO. This report must be no longer than six (6) single-spaced typewritten pages. Include suitable comparative, quantitative, and qualitative analyses and conclude with a specific and supported recommendation based on the projected financial viability of the company for the next several years. Essential research data, financial calculations, and other documentation needed to support your recommendation should be referred to in summary form in your report and attached in detail as enclosures. All major sources should be referenced. There is no set limit to the size of the enclosures, but it is recommended that only essential enclosures be attached. You should use references and a bibliography to identify any remaining supporting documents you wish to include. Your report is to be submitted electronically and limited to a maximum of three, one for the executive report, one for attachments and one for power point presentation. Two files are acceptable, with attachments included as separate pages at the end of your report. Only Word, Plain Text, Rich Text, and Excel file formats are acceptable. This report is a group effort and must be researched, developed, and prepared by the entire group. However, to maximize the learning benefit, you are encouraged to share freely and exchange sources of information (Web sites), general approaches, alternatives, and information on general financial theory and applicability as related to the report with other teams. All questions related to this assignment should be referred to the mythical CFO (i.e., me).

Automation and Artificial Intelligence

Automation is on an increase across all technologies and fields. This increase has led to the transformation, and the future role people play in Global workforce. The rise of artificial intelligence will result in the need for new skills and roles. Some Skills and roles may disappear and others will evolve. Some industries may need more people and others may need less or none. The balance in human workforce will be impacted hard. Non-availability of required skills & re-skilling will disrupt the workforce in all industries. Organizations and people would need to adjust to this change. While machines need to be built and maintained, artificial intelligence leads to job loss due to the skill gap and jobs eliminated by machines.Impact of Artificial Intelligence on the WorkforceAutomation & Artificial intelligence will result in improvement of productivity and economic growth, but millions of people may need to switch occupation or upgrade themselves to stay in the global workforce. Automation will have a far-reaching impact on the global workforce. By 2030 at a 15% midpoint level of automation adoption, 400 Million workers will be displaced by adoption of automation. According, to a 2-year independent study by the McKinsey Global Institute (Dec 2017). It is estimated that in 60% of the occupation almost one-third of the activities could be automated. A SurveyMonkey poll on AI conducted for USA TODAY also had overtones of concern, with 73% of respondents saying that would prefer if AI was limited in the rollout of newer tech so that it doesn't become a threat to humans. USA Today. (Jan. 2, 2018). Unfortunately, with the pace at which automation and artificial intelligence are growing, 3 to 14% (75 to 375 Million) of the workforce will need to change their occupational category.Historical data on the technology shiftâ€Å"Innovation has generally liberated humans to be more productive,† says Rep. John Delaney.â€Å"Similar to the personal computer in the 1980s, AI will reshape our personal and business lives in such a dramatic manner, most companies today cannot comprehend the full impact,' said Anand Rao, PwC US Data & Analytics Innovation leader. Fear of technology advancement had always been there. From the textile revolution in 1811 with the advent of personal computers in 1980 world leaders and the Global workforce are worried about technological advancement. â€Å"The major challenge of the sixties is to maintain full employment at a time when automation is replacing men.† President Kennedy (1961). Although there had been concerns, every time a technology shift has happened more jobs had been created than lost. When a workforce is shifted from the usual mundane jobs, they have focused on more creative and productive areas, resulting in the advent of the human race. The past may not be an exact reflection of present or future. The advance of automation and artificial intelligence could be far reaching. A robot that could just build is different from a robot that could design and build.Artificial intelligence, Skill Gap & Workforce TransitionTo be successful in an automated world, Man & machine need to work together. One cannot replace the other. This would require new and niche skills with exceptional leadership skills. However, However, â€Å"77% of CEOs say they see the availability of key skills as the biggest business threat.† USA Today. (Jan. 2, 2018). According to an EY poll, 80% of the organization recognize the shortage of required talent to drive Artificial Intelligence adoption as the top challenge. Technology and Innovation along with the on demand human capabilities like leadership, creativity, problem solving, and passion will make organizations thrive in the market. Eventually an automated world is a possibility, however in the process will create major ripples in the workforce. The change would go beyond Man versus Machine and require re-learning and retooling.Impact on societyLarge corporations like Apple, Amazon, and Facebook had refused to comment on Artificial Intelligence. However, they do have people tasked with monitoring Artificial Intelligence. Microsoft had announced that they have created a review board called Aether – AI and Ethics in Engineering and Research. USA Today. (Jan. 2, 2018). Trusting and allowing Artificial Intelligence to control, drive cars and aeroplanes, and automated trading may eventually lead to AI taking control of learning and updating themselves resulting in an uncontrolled growth of machines. A study by McKinsey Global Institute (Dec 2017) suggests countries like China, India, USA and Germany will have more percentage of work activities displaced by automation. A 38 % of automation achievement would throw some western democracies to authoritarian policies to control the civil chaos as suggested by Brookings institution. Calum McClelland (2018). Governments and policy makers should handle this situation carefully.ConclusionEven if we successfully transition, we would lose all jobs to artificial intelligence and automation. Being creative and keeping us educated will give a good chance in this changing world.ReferenceArtificial intelligence: Doomsday scenario – or age of wonder? – USA Today. (Jan. 2, 2018)You can't have a machine age without humans – PwC report – ENP Newswire. (Mar. 1, 2017)AI creates jobs, yet talent crisis remains, according to EY poll – ENP Newswire. (May 1, 2018)Jobs lost, Jobs gained: workforce transitions in a time of automation – McKinsey Global Institute (Dec 2017).

Nonverbal Cues Are The Most Critical Aspect Of Communication

â€Å"Don’t you roll your eyes at me young lady!† my mother always use to tell me. Nonverbal communication is one of the easiest ways to communicate how you are feeling and can be one of the hardest to read. It is believed that up to 93 percent of all communication is nonverbal. Dr. Albert Mehrabian, author of Silent Messages (1971), had conducted many studies to find that 7 percent of communication is through words, 38 percent through vocal elements, and 55 percent through nonverbal elements such as facial expressions, posture and gestures. Subtracting the 7 percent as vocal communication, and adding the other 55 percent and 38 percent which gives us the 93 percent statistic. Nonverbal cues are the most critical aspect of communication. To†¦show more content†¦The smallest features on your face can tell people exactly how you feel whether you want to or not. Haptics Haptics is the term used to refer to our touching behaviors. Touch can be considered the most emotional type of communication we have as humans. It can range from comforting someone with a big hug or showing disapproval with a smack in the face. As I watched the couple sitting across from each other, they held hands almost constantly. The man would caress her hand so gently that you could easily see just by that little touch that he loved her very much. Looking back at the sister who shoved her brother away from her, almost pushing him off his seat, shows how much she disliked him at the moment. I also noticed that when a group of teenagers were meeting one another at the food court, the girls would hug each other as a welcome but the guys would only fist bump or do a quick hand grab to shoulder bump. In our society, it seems that it is more appropriate for women to touch one another in social places, while men have a quick hand shake but never an embrace. As a human, we are born to touch and want to be touched. It is a very important part of our nature and our nonverbal communication with one another. Physical appearance How we dress and take care of ourselves is generally the first way we make perceptions of one another. Physical appearance shows how much you value

How Personal Computers Affect Student s Learning...

Introduction As we moved into the turn of the century, technology like personal computers and tablets have become more accessible and inexpensive. The aim of this research is to inform the public and education institutions on how personal computers affect student’s learning processes in the classroom. Most universities require the access to computers in order to perform task and write assignments. This has manifested in having more computers in a classroom used by the lecturers and students. The massive evolution and consumption of technology have affected various aspects of society. The evolution of technology has meant the integration of these devices in our everyday lives and consequently has meant mass incorporation of computers into the classrooms . It is important to understand and analyze the impact personal computers and tablets have on the education of U.S. college and university students and how they are used in classrooms. Are these devices used by students to supplement their education or simply as a means of distraction? The outcome of this research can aid in the creation of a policy that would either potentially restrict personal computers in classrooms, or create a program or agency that would track and monitor personal computers in classrooms and inform all the potential parties involved. The results of this research can even lead to the restriction and blocking or censoring of certain non-academic websites that would serve as a distraction for thoseShow MoreRelatedFactors Affecting the Study Habits and Attitudes of 1st Yr Bsa Student of Pup-Src1669 Words   |  7 Pagesthe study habits and attitudes of 1st yr BSA student of PUP-SRC Objectives * this study is to provide awareness and better understanding of how their current study habits affected their academic performance to 1st year college students *   gives them a more focused and clear perspective on how the specific behaviors related to their studies influenced study habits * this study also gives a much deeper understanding of their selves as students considering that the college life  is typicallyRead MoreTechnology Has Made It Move Into Today Classroom1559 Words   |  7 PagesTechnology has made it move into today classroom. Earle, defines technology as a tool make learning more efficient (Earle, R. A. 2002). Every teacher is challenged to provide a learning environment with technology that promotes intellectual growth and stimulation. In the age of technology educators must prepare students for success in future careers by using current technology in their classrooms. Students will need to have access to current technology to assist in solving complex problems, completingRead MoreCharacteristics of Adults and Young People as Learners1077 Words   |  5 Pagesthe savvy teacher can use to increase the motivation of the learner. We will briefly consider five barriers that can affect a learner’s participation and or learning, looking at three of them in more detail together with some apt and practical support strategies to assist the learner and finally consider and outline the differences between pedagogical and andragogical models of learning. Three main theories of teaching A) Behaviourism- education based on the principle of â€Å"stimulus response† i.e. thatRead MoreWhy Did the Railroad Network Grow so Rapidly After the Civil War? What Consequences Did This Have for the Countrys Economic Development?1077 Words   |  5 Pagesconsider the ideas on how adults are motivated to learn, what principles of learning works, so that adult educators could likewise respond appropriately. The participatory worldview that author Lyle Yorks (2005) describes draws heavily on the theory and practice in adult learning and action research. This creates a kind of social space in organization that is important in the facilitation of a practice-based example. Making it participative can always facilitate learning. Andragogy isRead MoreSchema Theory And Cognitive Development Procedures For Teaching1583 Words   |  7 Pagespersonality typologies,developmental stages and dispositional tendencies .(Altbach, Arnold, King, 2014, p.296) .By looking at a variety of influences a child’s environment and previous experience has on cognitive development we can begin to understand how catering for these differences positively impacts teaching in a diverse classroom.3 As described by (Bruning, R., Kaplan et al. 2011, p.48). Schemata - mental frameworks that we use to organise knowledge4, are fundamental to information processingRead MoreThe Influence of Media Technology and Information and Communication Technology2068 Words   |  9 Pageslifelong learning in order to exploit all information, competences and skills, learnt from formal, informal and non-formal learning experiences. These continuous changes determine the evolution and innovation of learning process in order to explore a new approach and new tools. However, there are some impacts that could be positive or negative toward the learning of an individual by using this new approach and new tools. Media Technology -Educational Media is defined as media for learning and teachingRead MoreThe Relationship Between Social Media And Elearning1541 Words   |  7 PageseLearning. Case of UK university students Introduction Interactions, communication and sharing have been extensive in today’s globalized world. This includes the circulation of billions and millions of messages, photos, videos and other contents in various social media platforms such as Twitter, Facebook, and YouTube (Bullas, 2012). In here, collaboration and teamwork as well as critical thinking are seen to significantly contribute towards proliferation of virtual learning and technology use. For thisRead MoreLearning Theories : My Sixth Grade Classroom Essay1697 Words   |  7 PagesIZT2, Learning Theories My eighth grade classroom is set in a Jr-Sr. High school and is located in the Jr. High hallway, in the rear of the high school. I have thirty-two student desks situated in rows and two small tables at the front of my room used for paper pick up. My desk and computer are in the back corner of the room. The students all have their own Chromebooks and I have a desktop computer as well as a Samsung Tablet. Google Classroom is used daily as well as many other applications suitedRead MoreAdult Learners : The Adult Learner : Neglected No More1618 Words   |  7 Pagesto learn, orientation, and motivation to learning and relevance. Self-concepts refer to an individual who has moved from pedagogy to androgyny. Which mean, moving from an adolescent learner to an adult learner. In the pedagogy stage, learners are more extrinsic learners, having a teacher/ instructor tell you when, how, and what to learn then switches to intrinsic learning. The stage where the adult learner is at the sta ge of telling one’s self when, how, and what to learn, as long as it pertainsRead MoreSocial Media Sites Impacting Children and Teens Essay1358 Words   |  6 Pagessurveys or interviews involving the participants. Assumptions Social media can greatly affect anyone, no matter the age. With the research provided there is an accurate assumption that social media can have a negative and positive effect on the youthful. Schools have allowed kids to do homework with electronic devices even though some teachers agree that social media has a heavy impact on students. Social media can be a positive outlet for those who practice it correctly and can increase many

Essay on Cracking the Genome of Genetically Modified Foods

Cracking the Genome of Genetically Modified Foods. From prehistoric times crop plants and animals have been improved by selective breeding, a process by which humans breed other animals and plants for certain traits, but the modern marvels of GMOs and transgenic plants have come to light in just the last few decades. Selection procedures have achieved huge differences in form and genetics of a single species for instance the mule, a cross between a male donkey and a mare has been used in Europe for more than 3,000 years (GM Education). Modern genetic engineering started back in 1973 when Stanley Cohen, Annie Chang and Herbert Boyer created the first genetically modified DNA organism. In terms of food, genetic engineering simply means†¦show more content†¦A research conducted by World Health Organization (WHO) in 2000, new varieties of food crops, other than those produced using rDNA technology, are rarely subjected to toxicological assessments (The National research Council, 39). This could give a rise to medical emergenci es in the United States and requires people with allergies to pay very close to attention to what they’re trying to consume. This could also introduce humans to new varieties of diseases and health conditions. Opponents of GMF argue that genetic engineering of plants and animals for food and medicine is expensive and impractical and that they are not labeled as such in the United States. This raises concern that US consumers are not fully aware of what they are buying (Forman, 13). US Food and Drug Administration (FDA) only makes sure that the food consumers consume is wholesome. It doesn’t consider whether or not the food’s genetically modified (UC Santa Cruz). This could possibly make people think that there’s something that they’re not aware of and eventually give rise to resentment. In 1994, FDA approved injection of cows with a genetically modified growth hormone called rBGH despite a study that suggested doing so might increase the risk for disease in humans (Forman). Consumers with allergies, vegetarians and people who follow religious dietary rules are not only having a hard time avoiding food that might containShow MoreRelatedGp Essay Mainpoints24643 W ords   |  99 Pagesimproved†, or â€Å"part of a complete meal† for fast food when it is actually only healthy when eaten in extreme moderation †¢ E.g. Before and after photos for slimming advertisements. In the ‘before’ photos, the person usually slouches, is pictured in full view and is clad in unsuitable clothing. In the ‘after’ photos, pictured in half view with more attractive clothing. Increased attractiveness is thus attributed to weight loss. †¢ E.g. Fast food usually photographed in warm light so that it looks

Future of Retail Store for Behavioral Nutrition -myassignmenthelp

Question: Discuss about theFuture of Retail Store for Behavioral Nutrition. Answer: With the increasing ramified economic changes and global expansion of business, retails stores has gained momentum throughout the time. There have been string of news stories about retail stores business in Australia, such as various big companies named Woolworths, Red earth, Myer has decreased their average three years turnover by 25% since last three years. This level of decrease in their overall turnover reflects that retail store business growth in Australia has been going down due to increased level of E-business. In this report study has been conducted on the retail stores name Under Armor Company (Govindan, et al. 2016). There are several products such as household items, cloths and other essential items which are sold by retail store around the globe. Under Armor is an American company that manufacture footwear and other cloths and sell these items through its online and offline means in market (Black, et al., 2014). After conducting data from various sources, it is considere d that people in Australia is more inclined towards buying goods and services from retail stores. Under Armor has been selling various goods and services through its off line and online portals. This has been observed that each and every big retail stores in Australia has total revenue of around AUD $ 120 million through its overall sales. Moreover, Under Armor has also decreased by its overall revenue by average 10% since last five years. This level of changes in its business and increased level of turnover in retail business has shown that retail store business has high amount of opportunity growth only when company adopts ERP online business chain (Piramuthu, Wochner and Grunow, 2014). Nonetheless, after evaluating the growth perspective of retails stores business in Australia, Under Armor has increased its number of items sold in market which simultaneously increase overall turnover of company. In addition to this, the future of retail stores in E business is very high but with a view to strengthen the value chain activities and increasing the overall clients satisfaction, company needs to implement proper level of enterprises resource planning (Gallino and Moreno, 2012). If this retail stores business of Under Armor is taken on international level through online mode then it could not only increase the overall efficiency of business but also result to creation of effective brand image. Retail store business has shown high amount of growth and it could be further increased if retails sellers introduced upgraded technologies in determined approach (Piramuthu, Wochner and Grunow, 2014). Now in the end, it could be inferred that if companies like Red Earth, Under Armor and Woolworths could provide best level of goods and services to their clients in retails store business through online business chain then it will surely result to increased level of turnover. However, clients inclination towards online retail stores is high as compare to shopping online. It is considered that Under Armor needs to adopt ERP system to increase its overall productivity and efficiency of business as per the retails store market needs and demand. References Black, C., Ntani, G., Inskip, H., Cooper, C., Cummins, S., Moon, G. and Baird, J., 2014. Measuring the healthfulness of food retail stores: variations by store type and neighbourhood deprivation.International Journal of Behavioral Nutrition and Physical Activity,11(1), p.69. Gallino, S. and Moreno, A., 2014. Integration of online and offline channels in retail: The impact of sharing reliable inventory availability information. ManagementScience,60(6), pp.1434-1451. Govindan, K., Palaniappan, M., Zhu, Q. and Kannan, D., 2012. Analysis of third party reverse logistics provider using interpretive structural modeling.International Journal of Production Economics,140(1), pp.204-211. Piramuthu, S., Wochner, S. and Grunow, M., 2014. Should retail stores also RFID-tag cheapitems?.European Journal of Operational Research,233(1), pp.281-291.

Eco Paper Essay Example

Eco Paper Essay Nicanor Reyes Street, Sampaloc Manila City, 1008 Metro Manila In Partial Fulfillment in Introduction to Economics Present: An Economic Analysis Submitted by : Gladys Socia Jen Chua Lei Ureta Nicole Yu Jihad Taha Aaron Ogad Christian Vinas Charles Oroceo Nicka Casssandra Jerao Abbygale Evangelista Michaela Ronquillo Abigail Tiongson Submitted To: Dr. Darwin Bonifacio Professor Date Submitted : ______________________ I. Problem: Import-Export Imbalance Introduction:Among the many economic problems faced by the Philippines, the imbalance of imports and exports creates a toll on our development with foreign countries. The negative trade is heavy and only counterbalanced by the service account surplus. Over the last two decades, Philippine exports have shifted from commodity-based products to manufactured goods. However, in the midst of the current global economic recession, the exports of electronics, garments and textiles have yet to reach a level of import neutralization. Economic Anal ysis: Our country produces a variety of different products.But Filipinos don’t give as much patronage to local products as compared to imported goods. If asked, most of our countrymen would prefer purchasing goods from other countries, over products that are domestically grown and produced. Most countries attempt to achieve a trade balance, in which the flow of imports and exports is relatively equal. If a country exports too much, it may not be able to support its domestic needs, while a country which imports excessive amounts of products may not have enough money to support the high volume of imports.In a country with a trade balance, import and export rates are about equal, with nations exporting excess items for sale, and importing the goods that it needs. Historically, the Philippines has been an important centre for commerce for centuries for its ethnic minority, namely, the Chinese who were also its first occupants. The archipelago has also been visited by Arabs and In dians for the purpose of trading in the first and early second millennium. As of 21st century, the country is member in several international trade organizations including the APEC, ASEAN and WTO.Since 1980s, the Philippines have opened their economy to foreign markets, and established a network of free trade agreements with several countries. The United States is one of the Philippines top trading partners. In 2010, according to US Department of Commerce dad, trade between the Philippines and US amounts to US$15. 4 billion. US is also the Philippines largest foreign investor, with foreign direct investment close to US$6 billion at the end of 2009. Under the new Aquino administration, the government plans to open up the country to more foreign investment in industries such as business processing operations, mining and tourism.However, this move may be hindered by restrictions such a prohibition of foreign ownership of land and public utilities. Philippines Import and Export Indicato rs and Statistics at a Glance (2010) Total value of exports:  US$50. 72 billion Primary exports commodities: semiconductors and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil, fruits Primary exports partners:  US (17. 6 percent of total exports), Japan (16. 2 percent), Netherlands (9. 8 percent), Hong Kong (8. 6 percent), China (7. 7 percent), Germany (6. percent), Singapore (6. 2 percent), South Korea (4. 8 percent) Total value of imports:  US$59. 9 billion Primary imports commodities:  electronic products, mineral fuels, machinery and transport equipment, iron and steel, textile fabrics, grains, chemicals, plastic Primary imports partners:  Japan (12. 5 percent of total imports), US (12 percent), China (8. 8 percent), Singapore (8. 7 percent), South Korea (7. 9 percent), Taiwan (7. 1 percent), Thailand (5. 7 percent) Although there are many variances that cause the imbalances, the following are some specific reasons .Convergent or divergent dynamics of imports and exports are the first causes of trade balance changes. Everything that impacts asymmetrically on imports and exports can impact the trade balance. In particular, price and non-price competitiveness is relevant. If external pressure forces down the prices at which a country sells its exports, then a trade deficit is more likely (terms of trade effect). In other words, in a hierarchical world, trade balance can reflect political balance of power.A faster GDP growth than trade partners ones usually results in trade deficit, since imports are elastic to GDP (they raise more than proportionally). Currency exchange rate can be very important: possibly due to a fixed exchange rate and a higher inflation rate than commercial partners, an overvaluation of the domestic currency can lead to deep trade deficits on most products and with most countries. A sharp devaluation can dramatically improve all these relationships Our country is producing a lot of different product.But we rarely notice it, we Filipinos patronized the product of our neighboring country because now in our day using foreign and branded products will make you look â€Å"cool† while using Philippine products will make you look cheap, without knowing that some of Philippine product was bought by other countries and they just use their brand name in our products. I think that our government should follow what the Chinese did before, they control the importing of foreign products and let make their people buy their own products. Now as we see the China was one of the richest countries in the world.I think that if we do the same there is a great chance that our country will one day became one of the richest countries in the world. II. Problem: Low Market Development Introduction: Marketing has always been prevalent in creating various impacts on a nations growing economy. Economics is strongly involved with the booming industries through the use of busi ness strategies. Product innovation is also an important factor in the economic development of any country. It is primarily vested on the ability of the constituents to formulate ideas beneficial to both the masses and the countrys financial status.The Philippines, known as a financially democratic country, has an economy that is marked as the 40th largest in the entire world as stated by the 2012 International Monetary Fund statistics. It is also one of the emerging markets in the world as a heavily industrialized country, it has been transitioning from being centered on the agricultural sector to service providing and then to manufacturing various products. According to the CIA Fact book, the estimated 2012 GDP (purchasing power parity) of the Philippines was 424. 355 billion in estimation.Goldman Sachs, an American multinational financing bank, estimates that by the year 2050, the Philippines will be the 14th largest economy in the world. Goldman Sachs also included the Philippi nes in its list of the Next Eleven economies. According to HSBC, another well-known and influential financial institution, the Philippine economy will become the 16th largest economy in the world, 5th largest economy in Asia and the largest economy in the Southeast Asian region by 2050. These predictions speak highly about the Philippines improvement in the business sector which will probably lift the country out of the 3rd world nation stigma.In order to make the possible improvements, it is suggested that the Philippines must focus more on exportation of goods and services such as: electronic products, semiconductors, transport equipment, garments, copper products, petroleum products, coconut oil, and fruits. With the help of foreign countries charting throughout the globe, the plan on investing more on exportation may be a plausible stepping stone in the transformation of the once forlorn economy to a thriving economy that is at par with first world economies like that of Japan, Singapore and the like.Market development pays a huge page in promoting innovation within the business sectors. This would entail the expanding of potentials markets through new users and new uses. The strategy would have to be remodeled with the use of new geographic segments, new demographic segments, new institutional segments and new psychographic segments in order to reach out to important factors in the market. Economic Analysis/Conclusion: The year 2012 has been a magical year for the Philippines real state industry.Stbale economic growth, low interest rates, and increasing home investment of overseas Filipino workers drove the steady demand in the local property market. Add in the continuous growth of foreign investment, expansion of the off-shoringand outsourcing industries, and the influx of expatriate workers. All these factors have combined to the shape the property boom that is changing the skyline not only of the metropolitan region but of the provincial cities as we ll. The Philippines has the fastest growing economy among Asian countries for the first quarter of 2013 according to the National Statistical Coordination Board (NSCB).Our beloved country is also considered as the 40th largest economy and one of the emerging markets in the world. Philippines is considered as a newly industrialized country. It has been transitioning from agriculture to services and manufacturing. It is said that the quarterly growth rate was the highest record since reformist President Benigno Aquino III took office in 2010 on a promise to fight corruption and cut poverty. The Philippines is on the verge of regaining decades lost to slow growth, thanks to government efforts to instill confidence that have kept the country on the investors’ radar even amid financial volatility. The restoration of macroeconomic balance has helped insulate domestic conditions from recurring global financial turmoil and volatile capital flows,† the Institute of International Finance (IIF) said in report dated Aug. 14. â€Å"The key issue for the near-term outlook is maintaining macroeconomic stability. The strong growth at the turn of the year was not a transitory phenomenon, but evidence that the economy was regaining momentum,† it added. IIF— a group of global financial institutions— noted the economy could surprise with a 7. -percent growth this year, faster than last year’s 6. 8 percent, following the first-quarter uptick of 7. 8 percent. Part of the reason for the sterling performance, the group said, was the Philippines’ â€Å"rising global prominence† hinged on the Aquino administration’s budget discipline and improving public governance. In the SONA last month, Mr. Aquino outlined several economic reforms such as the rationalization of fiscal incentives and the relaxation of the â€Å"cabotage† law, which currently restricts foreigners from plying interisland shipping routes in the country .These planned reforms, as well as the crackdown on smuggling that was also highlighted in the President’s speech before Congress, were welcomed by foreign investors as signs of the administration’s seriousness to further strengthen the country’s economic base. Registered investments for the month reached $2. 5 billion. The bulk of these funds went to publicly listed shares, while the remaining went to peso time deposits and government securities. The registered investments for the month were 11. 3 percent lower than June’s figure, but this was mainly due to the one-time block sale of shares in publicly listed Cosco Capital Inc. the BSP said. Based on the research conducted, the country must appoint credible and competent managerial heads in order to reach its optimal goal in progressing market structures. A marketing manager has to consider certain questions before implementing a market development strategy. For example: 1. Are they profitable? Profitabi lity is an important factor in implementing ideas within a market-centered civilization. Other questions regarding the development of the market would include the following: 2. Will it require the introduction of new or modified products?And, 3. Are the customer and channel well enough researched and understood? The marketing manager uses four groups to focus the market segment decision: existing customers, competitor customers, non-buying in current segments and, new segments. III. Problem: Unemployment Introduction: Unemployment occurs when people are without work and actively seeking work. The unemployment rate is a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labor force.The Philippines remains one of the most resilient economies in Southeast Asia, but such growth is neither sustainable nor inclusive as joblessness remains a problem for most Filipinos. Philippin es jobless rate increased to 7. 5 percent in April from 7. 1 percent reported in January and 6. 9 percent in April of 2012. The unemployment rate was pushed up by job losses in the agricultural sector due to extreme weather conditions. The employment rate reached 92. 5 percent, down from 93. 1 percent a year ago, due to a drop in the number of agricultural workers.Laborers and unskilled workers comprised the biggest group making up one-third (32. 6 percent) of the total employed persons; 57. 5 percent of the total employed population were wage and salary workers and 63. 5 percent were working full time. There were more males (61. 4 percent) than females (38. 6 percent) among the unemployed. The age group 15-24 made up 48. 2 percent of the total unemployed, while the age group 25-34, 30. 9 percent. By education, about one-fifth (21. 3 percent) of the unemployed were college graduates, 14. percent were college undergraduates, and 31. 7 percent were high school graduates. In the latest Asian Development Outlook 2013 released, the Manila-based lender forecasts Philippine gross domestic product to expand 6 percent this year and in 2014. According to ADO 2013, persistently high levels of unemployment and underemployment remain a key concern in the country. As the latest data from the National Statistics Office has shown, about 7 percent of the 40 million labor forces are unemployed, while about 20 percent are underemployed.The Philippines has a strong growth in its hand and the next step for the Philippine government is to translate this strong growth into more jobs that will benefit most Filipinos. President  Benigno Aquino  has promised to cut unemployment to 6 percent at most by the end of his term in 2016. Proposals include easing curbs on foreign investment, boosting tourism and infrastructure to provide more work outside the capital, and expanding farming and fishing, said Economic Planning Secretary Arsenio Balisacan, who’s in charge of the plan.Th e low investment share is because past economic growth has depended more on services that are less capital intensive than industry. We have to provide something like a million new jobs; we do have a significant increase in population. † Almost  half of all jobless  Filipinos are between the ages of 15 and 24, according to the government statistics office. The biggest area of employment remains  agriculture and fishing, which provides work for 30. 4 million people, or almost a third of the population. About 8 percent work in manufacturing.Call center agents are the most in demand, followed by salespeople and service crew, according to  Phil-JobNet, the government’s official job portal. The site has 14,165 vacancies in so-called business process outsourcing. With limited opportunities at home, many jobseekers go abroad to find work. The number of overseas Filipino workers climbed 15 percent in 2011 to almost 1. 7 million, the Philippine Overseas Employment Adminis tration said. The funds they sent home totaled  $21. 4 billion  last year, about 10 percent of gross domestic product. Economic Analysis/Conclusion:One of the reasons why people nowadays are jobless is because people are lazy. The global crisis does take effect on this issue; so does one’s stature in life, but being predominantly sluggish is also a factor in unemployment. One’s financial status can also be a factor, in a sense that without proper and complete education, one’s chances of being hired is gradually slimmed down. Here are points on why a lot of people remain jobless amidst modern globalization efforts: 1. Low self-esteem due to lack of financial aid, 2. The Global Crisis which deeply affects the nation’s economic progress, 3.Educational attainment does not go pass collegiate level due to lack of financial resources. As the days go by, developers take more technological advances in creating more job opportunities for the masses. One example would have to be the efforts done by local institutions such as TESDA – which aims to provide vocational courses and setting lower costs so education can be better attained. This is where the blue collar jobs come in. more and more people are being open to blue collar jobs than white collar jobs due to its attainability to the masses.Even non-collegiate graduates may belonged to the blue collared sector. One of the factors we take much pride in is our bountiful number of English proficient workers in all different kinds of fields of expertise. This is possibly why our industry has reached so much success in business process outsourcing sectors such as call centers. But given those facts, why do we still see an evident gap in the job sector in the Philippines? Around 2. 8 million people are jobless today. According to the World Bank around 10 million people nationwide are unemployed and underemployed.Based on a million Filipinos added to labor force annually in the Philippine s, our government can create 14. 6 million jobs until 2016. Half a million Filipinos graduate college every year, yet a lot of companies still have difficulty looking for credible workers. This is because the courses chosen by the graduates are usually not in-sync with the job description needed for employment. Courses/programs being taken up in school are essential since they give an edge of expertise for someone in the labor force over those whose course may be considered far-fetched.Colleges and universities across the nation are now taking action to revise and update their course offerings that would jive well with the ever-changing trends of the industry and business sector. CHED encourages schools to open new courses leaning towards business, medicine, education, hotel and restaurant management, information technology and, computer courses. It is believed that through this, students will be more mindful and rightfully guided to take courses that are in demand. IV. Recommendati on: * We therefore recommend that Filipinos should support, patronize and buy locally made products.This can help shape the economy and aid in its growth and development. Not only can it help support the money flow and ease financial burdens, it can also be a factor in promoting nationalism amongst countrymen. * We therefore recommend that the government must create steps in further developing and supporting every sector in the economy. For instance, the government should regulate and implement more rigid rules in the overall control of the importation of foreign products. * We therefore recommend that Filipinos be aware of information about the economy and the various ways to help support, preserve and flourish it.