The Impact of Railways on Spain’s Economic Modernization
Railways: Ideas: The theme of the text is to encourage the introduction of the railroad in España. The hierarchical main ideas: “Leadership is for government, but it also allows for private initiative.” Whoever wishes to obtain some concession should not apply only to the government but must adhere to a series of conditions. “The government guarantees a number of benefits to those who wish to invest in this medium of production. Taking into account the uniqueness and selection of the articles,
Read MoreSpain’s Economic Evolution (1959-2006)
The Evolution of the Spanish Economy and Society (1959-1975)
The Spanish economy has gone through four distinct stages from the 1960s to the present day:
- 1959-1973: During the second phase of the Franco regime, the Spanish economy experienced a remarkable growth pace.
- 1974-1985: The political transition to democracy coincided with a period of persistent economic crisis.
- 1985-1989: Economic growth resumed.
- 1989-2006: The economy became more closely linked to the Eurozone, and the effects of the international
Strategic Management: Levels, Rational Model, and Environment
Strategic Management: Levels, Model, and Environment
Profit and Loss Account Considerations
The profit and loss account includes the operating result, which incorporates financial results. The operating result consists of revenues less expenses from the company’s core activities. This also includes the extraordinary result, typically from asset sales at a price different from book value. Financial reports cover interest received (cash or bank accounts) and interest paid (on credits).
The result is
Read MoreBusiness English Vocabulary: Employment, Trade, Ethics & More
Unit 8: Employment
- To train = new staff
- To shortlist = the candidates
- To advertise = a vacancy/post
- To assemble = an interview panel
- To make = a job offer
- To check = references
- Curriculum Vitae = Resume
- Probationary Period = Trial Period
- Application Form = Employment Request
- Psychometric Test = Psychological Test
- Covering Letter = Correspondence Presentation
- Pep Talk = Motivating Speech
- Mentor = Advisor
- Fast Tracking = Route to Rapid Advancement
- Headhunter = Recruiter
- Financial Package
Unit 9: Trade
- Barriers: Barreras
- Open
Innovation, Quality, and Lean Methods: A Business Analysis
Schumpeter’s Definition of Innovation (1942)
The concept of innovation:
- The introduction of a new good or a new quality of a good.
- The introduction of a new method of production, that is one not yet tested by experience in the branch of manufacture concerned, which need by no means be founded upon a discovery scientifically new.
- The opening of a new market, that is a market into which the particular branch of manufacture of the country in question has not previously entered, whether or not this market
Business Economics: Company Systems and Competitive Strategies
Item 1
Economics: The study of activities related to production, exchange, and consumption, organized to meet needs. It is divided into macro-economics and micro-economics.
Company Systems
The Company: A set of pooled resources with organizational structure and competence to achieve goals through a strategic plan using technological, production, trade, financial, and human functions.
System: Companies are mixed systems, open to achieving goals with psycho-social functions, techniques, organized self-