Thursday, October 17, 2019
Enterprise Management Essay Example | Topics and Well Written Essays - 2000 words
Enterprise Management - Essay Example l 2009), Sky News, UK, [Online] Available: http://news.sky.com/skynews/Home/Business/British-Airways-Job-Losses-Profits-Down-During-February-Snow-As-Passenger-Numbers-Continue-To-Fall/Article/200904115255103 [April 28, 2009] 11 Brimelow P., March 2009, First a Rally, then Hyperinflation? Market Watch, New York, [Online] Available: http://www.marketwatch.com/news/story/first-rally-then-hyperinflation/story.aspx?guid={F8CFE313-144B-4CFD-9EE7-BC2F4A4B9A63}&dist=TNMostRead [April 28, 2009] 11 Krasny R., April 2009, What the Fed is considering at this weeks meeting, Reuters, [Online] Available: http://www.reuters.com/article/businessNews/idUSTRE53Q6KP20090427?feedType=RSS&feedName=businessNews [April 28, 2009] 11 The growth potential of the core companies with a country largely impacts the economy. At the same time the economic health of a country instantly affects the companies working within it. The enterprises within a nation and the nationââ¬â¢s economy are two inseparable entities; one affects the other. Any economic downfall thus results in the poor health of the enterprises. And if the affected economy is the largest and in the world, the ill effects of the economic downturn is dissipated throughout the countries of the world. History has witnessed on such severe economic downfall in 1929, named Great Depression. The present economic recession, termed as the Credit Crunch of 2009 is and perhaps will be more striking. Globalization has led to integration of companies all over the world. Organisations have taken a cue from the Global Commodity Chain model and went overseas, often to enjoy comparative advantages of cost. These moves have boomeranged now. Different divisions of the same company are facing problem for being based out in different countries (February Snowfall Cost British Airways à £20m, April 2009) There is a very low probability that the cash and cash equivalents of a company deposited with a bank gets dissolved. In fact banks always invest their
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