Financial Report of Loewen Group Inc. The Loewen Group Inc. was founded in 1969. The company has two major headquarters in North America, one in Burnaby, British Colombia and a second in Cincinnati, Ohio. Loewen Group Inc. (L.G.I.) is the largest funeral services enterprise in Canada and is the second largest company in the North American Funeral Services Industry. L.G.I. owns 918 funeral homes and 269 cemeteries and also engages in the pre-need selling of funeral services including cemetery and
Financial Instability The soaring volume of international finance and increased interdependence in recent decades has increased concerns about volatility and threats of a financial crisis. This has led many to investigate and analyze the origins, transmission, effects and policies aimed to impede financial instability. This paper argues that financial liberalization and speculation are the most reflective explanations for instability in financial markets and that financial instability is likely
Floating Exchange Rates: The Only Viable Solution Stentor Smith For some, the collapse of Mexico\'s economy proves that floating exchange rates and markets without capital controls are deadly. Others find the crash of the European exchange-rate mechanism (ERM) in 1993 to be proof that targeted rates will always be overturned by the free market. Many see the breakup of Bretton Woods as the failure of fixed rates. Yet others believe monetary unification in Europe is the only way to achieve economi
Foreign Aid There are two words that many politicians like to shy away , and those two words are, "foreign aid." Taking a firm stand on either side of this topic is usually side stepped by decision makers. Their opinions are usually based on a case by case analysis. This extremely controversial topic involves whether or not to support the policy of foreign aid to needy or sometimes not so needy countries. What benefits does foreign aid have for the countries that receive it, and does it have any
General Motors - Financial Ratio Analysis I. General Motors History Highlights In its early years the automobile industry consisted of hundreds of firms, each producing a few models. William Durant, who bought and reorganized a failing Buick Motors in 1904, determined that if several automobile makers would unite, it would increase the protection for the group. He formed the General Motors Company in Flint, Michigan, in 1908. Durant had bought 17 companies (including Oldsmobile, Cadillac, and Po
Germany On October 3, 1990, the states of the German Democratic Republic (East Germany) shed their last ties to their Soviet created structure and joined the Federal Republic of Germany (West Germany). The 23rd article of West Germany\'s 1949 constitution, the Basic Law, had been drafted specifically to allow for such an arrival from the East. But as the 1980s drew to a close, few Germans on either side of the border expected it to be used in their lifetime. Yet, in less than a year the beginnin
How are Automatic Stabilizers Used to Combat Inflation? In today\'s economy, there are devices present called automatic stabilizers. Automatic stabilizers, are mechanisms which aid in the correction of an economic problem without the interference of anyone or anything. They are perhaps most useful to combat demand - pull inflation. Demand - pull inflation, is when prices rise because the economy cannot produce enough goods to satiate the economy. An automatic stabilizer, that is beneficial to co
An Attack On America Vonnegut uses satire, from innocent innuendo and wit to burlesque, sarcasm and cosmic irony to attack American society in the 1950’s and 1960’s. These forms of satire can be seen in ‘Miss Temptation’, ‘Welcome to the Monkey House’ and ‘All the Kings Men’. In ‘Miss Temptation’, Susanna’s “diabolical beauty” (75) or evil beauty mad Puritanism to fall “into such disrepair” (75). The innuendo of Vonnegut’s opening sentence attacks the so-called modern thinkers of the day and the
Japan On Its Way To Be The World\'s Largest Economy Japan has performed a miracle. The country\'s economic performance following its crushing defeat in World War II is nothing short of astounding. The economic expansion of Japan is second to none. All of the elements are in place for Japan to continue increasing its share of the world\'s wealth as America\'s gradually declines. The country is on track to becoming the world\'s largest economy. How did Japan do it? There are many theories and stud
Inaccuracies of the Consumer Price Index(CPI) Aman Aggarwal Sept. 28, 1996 The Consumer Price Index is a measure of the prices of a fixed market basket of some 300 consumer goods and services purchased by a "typical" urban consumer. The 1982-1984 period serves as the base period so analysts can compare other year\'s changes with this base period. The composition of the market basket is fixed in the base period and is assumed not to change from one period to another. The reason for the assumption
Increasing Shareholder Wealth INTRODUCTION The goal of all corporations is to increase shareholder wealth. Shareholder wealth is increased is by increasing the corporation\'s profit. In a corporation involved in manufacturing, reducing the cost of the factors of production is essential for growth. One of the major components of production costs is labor. When in comes to labor costs, the corporation and the worker usually have very different goals. The corporation wants to pay the worker as litt
Analysis of the immigration problem Analysis of the Immigration Problem The world has gone through a revolution and it has changed a lot. We have cut the death rates around the world with modern medicine and new farming methods. For example, we sprayed to destroy mosquitoes in Sri Lanka in the 1950s. In one year, the average life of everyone in Sri Lanka was extended by eight years because the number of people dying from malaria suddenly declined. This was a great human achievement. But we cut t
Interview to Dow Jones Q. What is the biggest challenge facing Dow Jones in the next few years? A. To continue investing in new products and services that will strengthen our franchises, increase our competitiveness and produce new revenue flows in the future, while at the same time being careful in setting priorities, prudent in controlling costs, and committed to producing strong annual profits. Q. Who are the major competitors of Dow Jones? A. In the broadest sense, any quality products or se
Introduction to Business Business plays a major role within our society. It is a creative and competitive activity that continuously contributes to the shaping of our society. By satisfying the needs and wants people cannot satisfy themselves, businesses improve the quality of life for people and create a higher standard of living. It is a way for individuals to provide goods and services to consumers, and at the same time, produce a profit for themselves. Businesses are not only important becau
Investing In Canada Investing In Canada - Factors that are attractive for direct investment in Canada. Canada is the second largest country in the world, occupying close to 10 million square kilometres of land bounded by the Atlantic, Pacific and Arctic oceans. Canada shares a 6,000 kilometre border and the five largest freshwater lakes in the world with the United States. Known as the Great Lakes, they provide a route to the Atlantic via the St.- Lawrence Seaway, permitting direct access to int
BECOA Report on Investing Currencies in the Far East Prepared by: Brad Saunders Introduction In the world today, the possibilities are endless for people who want to make money. These opportunities may exist in the form of a bond, currency, stock, or business venture, but the common tie between them is that it is possible to make money if you research the market and impose the proper strategic plans. In this report, the issue of investing money in the currency markets of the Far East will be my
U.S Investment in Mexico Economics 580 Dr. Leon Haitham Boukhadour Fall 96 Mexico has established itself as one of the biggest emerging markets in the world today. It has exhibited many of the signs of a high growth economy, offering several advantages to prospective investors. Some highlights of the Mexican economy include " single-digit inflation, a balanced public budget, real economic growth (presently at a rate of 12 percent), a deregulated economy and a favorable investment climate" (Risk
Should Gambling Be Legalized? Over the past twenty or so years, great wealth and improved economic and social conditions have been promised to the communities that have embraced legalized gambling. However, with twenty years of experience it is time to look back and analyze whether this is true or not. It could easily be said that gambling is as American as apple pie. Gambling has shaped American history since its beginning. Lotteries were used by The First Continental Congress to help finance t
The Japanese Economy Jonathan Allen The prewar economy of Japan was a Socialist economy and the country was ruled by an emperor up to WW2 and after WW2 it started to lean towards a mixed market economy until what it is today although its government is Socialist it is leaning towards a mixed market economy. The Japanese economy is a mixed economy that leans towards market, it is like this because almost all business are run by private corporations or people and that is the market in the economy.
An Investigation of Japanese Corporate Culture, Its Trends And Changes Japanese Business & Culture bus 258.1 Table of Contents1.0 Introduction 2.0 Procedure 3.0 Findings 3.1 Changing social culture. 3.2 Business Culture in Japan 3.3 Why change is needed 3.4 What is Japan and her corporations doing to develop and change 4.0 Conclusion 5.0 Bibliography Japanese Business & CultureAn investigation Japanese corporate culture, its trends and changes.1.0 IntroductionThis report is based around the foll
Creative Writing: The County Courthouse When we are young, most of us are somewhat naive. We are inherently taught that good will always triumph over evil. A courthouse is the forum where evil should be dealt with. But, in reality, this is seldom the case. The county courthouse looks like a typical courthouse. The courthouse itself looks like a place where justice is served. It is a Romanesque building, three stories high, with large pillars in the front. Ivy grows up one side of the building. T
Lee Iacocca Lee Iacocca, born Lido Iacocca on October fifteenth 1924, was the son of an Italian immigrant named Nicola Iacocca. He had one sister named Antonette. The family lived in Allentown, Pennsylvania. His father was some what of an entrepreneur in the food service industry. The family business was called the Orpheum Weiner House in Allentown, Pennsylvania. The company is still standing today, operating under the name Yocco\'s, his uncles\' are still making hot dogs for the public. Growing
Monetary/Fiscal Policy Government monetary and fiscal policies change all the time. These policies are installed or fixed for the betterment of trade, inflation, unemployment, the budget, or many other economic factors. In my opinion, it seems like two people have the majority of the control when it comes to forming these policies. The first person who influences these policies is President Bill Clinton who proposes tax cuts, to balance the budget (Clinton\'s budget proposal should be given to c
Maglev Consequences Magnetically levitated ground transportation, or "maglev," is an advanced mode of surface high speed transportation whereby a vehicle gliding above a guide track is suspended, guided, and propelled by magnetic forces. Because they never touch the guide track causing friction, maglev vehicles can be designed to travel at extremely high speeds, 500 kilometers per hour (300 miles per hour), or more! Americans traveled 3.2 trillion passenger kilometers (2 trillion passenger miles
Animal Rights At the University of Oregon, Barbara Gorden-Lickey, Ph. D., sewed kittens\' eyes shut and forced them to jump from a height onto a platform surrounded by water so she could study the effects of sight deprivation on the brain. Cruel and inhumane experiments like this one is an excellent reason why people should recognize the importance of animal right activist groups such as PETA (People of the Ethical Treatment of Animals). Founded in 1980 by Ingrid E. Newkirk and Alex Pacheco, PET
Managing Globalization Notes based on Managing Globalization in the age of Interdependence, published 1995 by Pfeiffer & Company, San Diego, CA. Introductory Quotation: "In Managing Globalization in the Age of Interdependence, best-selling author George C. Lodge, Jaime and Josefina Chua Tiampo Professor of Business Administration at the Harvard Business School, tackles an issue of worldwide proportions - the tensions created by globalization, the growing interdependence of the earth\'s 5.5 billi
Milton Friedman Milton Friedman is known as one of the top economists in the world. He has a Ph. D. from Columbia University, won a Noble Memorial Prize in economics and has also been awarded many honorary degrees by other Universities in the United States. As you can tell, Milton Friedman has played a significant part in helping to solve the economy problems of the world. You\'ve probably heard all about his accomplishments and awards he has received, but what about how Milton Friedman played a
Minimum Wage Legislation I am going to pose the question to you the students of Sir Sandford Fleming College, do you really want the minimum wage legislation left in affect? As college students you are not benefiting or gaining anything from minimum wage legislation. The minimum wage legislation requires all employees to be paid at least some fixed given dollar amount per hour. This sounds good, but it isn\'t all that it seems! Minimum wage is an example of government intervention. The governmen
Money and Inflation The nation\'s economic stability has many factors which amount to inflation. Inflation may be caused by a number of problems, but there are some specific examples which have direct control over which way the prices and spending sway. Inflation simply means that the American dollar, in this case, is less valuable on the foreign exchange market and the gold standard is moved to higher prices; which simply means that more currency is needed to exchange for gold. Any slight chang
NAFTA The North America market is one of the richest in the world. Measured in terms of GDP, it is the equivalent of Western Europe. But with a somewhat smaller population, GDP per capita in North America, Canada, Mexico and the U.S., is around 12 percent higher than in Western Europe. The North American Free Trade Agreement (NAFTA), which came into effect January 1, 1994, sets out the schedule for tariff elimination for members.. As a small country, Canada has always been careful in it\'s deali
NAFTA: Canada\'s & Mexico\'s Viewpoints When the Canada/U.S. free trade agreement came into effect, the Mexican\'s were very impressed by the provision and opportunities that opened for both sides. Mexico then approached the U.S., seeking to form a similar agreement with them. This brought forth a new issue in Canada, should they let Mexico and the U.S. form an agreement without them? Or should they participate, thus transforming their deal with the U.S. into a trilateral agreement including Mex
Hardin\'s "Lifeboat Ethics: The Case Against the Poor" - No! You Cannot Come in Garrett Hardin writes about saving the poor in his essay"Lifeboat Ethics: The Case Against the Poor" found in The Blair Reader. Hardin writes about how the rich countries are in the lifeboat and the poor countries are swimming in the ocean. He also writes about how the United States helps other countries. Hardin feels that if the government keeps helping other countries and letting people in then America will also dr
Nuclear Power Most of the world\'s electricity is generated by either thermal or hydroelectric power plants. Thermal power plants use fuel to boil water which makes steam. The steam turns turbines that generate electricity. Hydroelectric power plants use the great force of rushing water from a dam or a waterfall to turn the turbines. The majority of thermal power plants burn fossil fuels because thermal power plants are cheaper to maintain and have to meet less of the governments requirements co
Obstacles Toward Development In this every day changing world, many of us are living in a comfortable home, have enough food to eat, well clothed, healthy, and financially independent. All these are provided to us because we are living in a well-developed country. Others in the third world nation are not so lucky. They may have no shelter, limited food supply, and unemployed. This is because their country is not well developed like ours. Problems that stop these countries from developing are 1.
Oligopolists There are four market structures in our economy today : Perfect competition, monopolistic competition, oligopolies and monopolies. This essay shall describe the oligopoly market. The definition of an oligopoly states that in an industry, a small number of firms dominate the market. There are a low number of firms in the industry, becasue and adding to the barriers to entry. The barriers of entry to an oligopolistc market include the financial resources needed to enter and such regul
People or Profits? In Almeda County, a private hospital turned away a woman in labor because the hospital\'s computer showed that she didn\'t have insurance. Hours later, her baby was born dead in a county hospital. In San Bernardino, a hospital surgeon sent a patient who had been stabbed in the heart to a county medical center after examining him and declaring his condition stable. The patient arrived at the county medical center dying, he suffered a cardiac arrest, and died. These two hospital
Poverty vs. The Economy Poverty is a lack of goods and services necessary to maintain a minimal adequate standard of living. The definition of the term adequate varies, however, with the general standard of living in a society and with public attitudes toward deprivation. No university accepted definition of basic needs exists because poverty is a relative concept. In poorer countries it means living at the brink of subsistence, while in our country few improvised families confront starvation, a
Code of Professional Ethics by American Institute of Certified Public Accountants Introduction "A code of professional ethics is a voluntary assumption of self discipline above and beyond the requirements of the law. The Code of Ethical Conduct serves the highly practical purpose to notify the public that the profession will protect the public interest" (Carey, Doherty: p 3). When people need a doctor, a lawyer or a certified public accountant, they seek someone whom they can trust to do a good
Another Chance Of Life Another Chance of Life Can there be another you? The answer is no, but by human cloning you can reproduce an offspring that grows into an exact genetically double of you. All of us want to prolong the lives of our loved ones and have a healthy newborn baby. Many infertility couples wanted to have a baby that is genetically theirs, not from adopting a child from a different family background. In the cloning technology, eggs or sperms would not be needed to be conceived by a
Rent Control: Pros and Cons Evaluate the pros and cons of rent control and rent stabilization in NYC. Rent control is the government imposition of price ceilings on rent for apartments in certain areas of a city. The goal is usually to protect the rights of the poor. Thus, in a rent controlled or rent stabilized building, the amount of rent will not increase as quickly as inflation. While the moral side of rent control may have some appeal, in the long run the disadvantages far outweigh the adva
Communism in the Soviet Union and Why it Failed Communism is defined as "a system of political and economic organization in which property is owned by the community and all citizens share in the enjoyment of the common wealth, more or less according to their need." In 1917 the rise of power in the Marxist-inspired Bolsheviks in Russia along with the consolidation of power by Vladimir Lenin and Joseph Stalin, the word communism came to mean a totalitarian system controlled by a single political p
Russian Reform and Economics: The Last Quarter of the 20th Century Outline Thesis: As the reformation of the USSR was becoming a reality, Russia\'s economy was crumbling beneath it. Russia began its economic challenge of perestroika in the 1980\'s. The Russian people wanted economic security and freedom, while the government was trying to obtain democracy. The previous management styles needed to be changed along with the way that most businesses in Russia operated. I. Reformation of USSR A. The
Preserve the Forests In agreement with Kim Stafford, who opposes the clear-cutting of old growth forests, I feel that it is necessary to preserve the profitable lumber in its natural state for future generations. Currently, the tons of lumber produced from the Pacific Northwest region of the United States are taken for granted, and most people do not realize that the forests will be destroyed within ten years at this rate of exploiting our natural resources. We must make loggers a profession of
Linda McQuaig\'s Shooting The Hippo: Causes and Results of Debt Linda McQuaig\'s most recent book, "Shooting the Hippo" is about the causes and results of the debt. It is a look at both the factual causes and the arguments which are merely presented to us through the various elements of the media. McQuaig delivers an insightful overview of the extensive media coverage which has bombarded us over the past few years. "With the excitement of a mystery writer, McQuaig tells the real story behind the
Social Security The purpose of this paper is to analyze social security so as to show the reader what makes it beneficial to us today. . Throughout my life the words social and security have meant little more to me than the representation of a small blue card in my wallet, a consistent and increasingly significant deduction of funds from my weekly pay-check, and a vague academically-instilled recollection of the potential for long-term future benefit. In fact, it was not until I researched perti
State of the Union Address Essay President Clinton has declared that "the enemy of our time is inaction," pledging to forge bipartisan agreements on a balanced budget and campaign finance reform within months, and to lead a "national crusade" to improve education by the turn of the century. Education, Clinton vowed, would be his "number-one priority for the next four years," and he devoted the longest portion of his address to this. He appealed for "national standards" to improve student perform
Steve Jobs Born 1955 Los Altos CA; Evangelic bad boy who, with Steve Wozniak, co-founded Apple Computer Corporation and became a multimillionaire before the age of 30. Subsequently started the NeXT Corporation to provide an educational system at a reasonable price, but found that software was a better seller than hardware. Steven Paul, was an orphan adopted by Paul and Clara Jobs of Mountain View, California in February 1955. Jobs was not happy at school in Mountain View so the family moved to L
Advances in Technology and Economics The microeconomic picture of the U.S. has changed immensely since 1973, and the trends are proving to be consistently downward for the nation\'s high school graduates and high school drop-outs. “Of all the reasons given for the wage squeeze – international competition, technology, deregulation, the decline of unions and defense cuts – technology is probably the most critical. It has favored the educated and the skilled,” says M. B. Zuckerman, editor-in-chief
The Problem: Terrorism In The World Terrorism, which has been around for as long as people can remember, has been on the rise for the past ten years. Terrorists use murder, kidnapping, hijacking, and bombings to almost always achieve a political purpose. These radicals are not just subject to the United States, terrorism is all over the world, in every way, shape and form. There are many different types of terrorism, for many different purposes. The primary reason for terrorist acts are to force
Inaccuracies of the Consumer Price Index (CPI) The Consumer Price Index is a measure of the prices of a fixed market basket of some 300 consumer goods and services purchased by a "typical" urban consumer. The 1982-1984 period serves as the base period so analysts can compare other year\'s changes with this base period. The composition of the market basket is fixed in the base period and is assumed not to change from one period to another. The reason for the assumption is because the CPI measures