Spain’s 1959 Economic Stabilization Plan: Impacts & Results
Background of the National Economic Stabilization Plan
The National Economic Stabilization Plan was an economic package approved by the Spanish Government in 1959. The plan’s objective was the stabilization and liberalization of the Spanish economy. It marked a break with the policy of autarky of the Franco regime and made possible the beginning of an era of economic growth in the country during the 1960s.
Goals of the Stabilization Plan
The Plan set a series of goals to achieve economic stability,
Read MoreOptimizing Your Business: Production, Operations, and Strategy
Chapter 2: Production Process
2.1 Detailed Definition of the Product or Service
List, through bullets, all the products or services the company will offer, indicating as much detail as possible.
2.2 Production Process
2.2.1 Raw Materials and Suppliers
List all the components or supplies that you will require for the development of your product or service. It is important to identify the closest suppliers or those that offer better quality in the inputs.
Name | Address | Material Supplies | Amount (Units) | Cost ( |
International Marketing: Strategies, Culture, and Global Trends
Chapter 1: What is International Marketing?
International marketing is the process of planning and executing strategies to promote and sell products or services across multiple countries, considering cultural, economic, and legal differences.
The International Marketing Task – Uncontrollable Uncertainty
- Uncontrollable uncertainty is created by uncontrollable elements in business environments.
- Each international market has its own set of factors.
A marketing program is designed for optimal adjustment
Read MoreBusiness Formation and Management: Key Concepts
Company Concept
An organization formed by people whose actions are coordinated and implemented harmoniously, utilizing materials, tools, machinery, money, or any other factor in order to achieve a pre-defined objective.
- Comes from the word “undertake”
- Start something
- Begin a series of activities aimed at a specific and predetermined goal.
Company Classification
- a) Extractive
- b) Manufacturing
- c) Commercial
- d) Industrial
- e) Services
Small Enterprise
- a) Slow growth.
- b) Staff: The manager can instruct on production,
Medium and Long-Term External Financing Options for Businesses
Medium and Long-Term External Financing
A) Loans to Medium and Long Term
The most common forms of debt to medium and long term are bank loans and debentures.
B) Bonds
Loans are divided into many aliquots that are called debentures, bonds, etc. These are receivable in multiple installments by creditors. Large companies sometimes need huge funds, and it is not easy to find financial institutions willing to provide them. Therefore, they could raise funds by dividing these amounts into more titles for small
Read MoreOperations Management: Production Methods and Sustainability
Operations management involves acquiring the necessary resources needed for production in the most efficient and cost-effective way. It intersects with several key business functions:
- Marketing function: Physical goods are produced based on market research to meet the needs and wants of customers.
- Finance function: Costs of different production methods are analyzed. Funding is needed for all aspects of operations management.
- Human resources function: Production workers need to be hired and trained