An outline of economics
An entrepreneur’s comprehension proves to be crucial to the setup of sustainable competitive advantage in this era. As a result of the heightened rate of globalization, increased competition, and rapid technological transformations entrepreneurs encounter new and unforeseen hurdles. The aforementioned transformations have led to significantly improved quality and quantity of information that an entrepreneur assesses when determining business related issues. It is compulsory for entrepreneurs to assess and implement this newly acquired knowledge in the decision-making process. The acquirement of new knowledge plays a crucial in the creation of sustainable competitive advantage.
Currently, the markets competitive advantage lies in capabilities like the abilities and expertise that the entrepreneurs forward to the business venture. According to Aguilar (1967), he defined environmental scanning as the process through which a leader collects pertinent information of events unfolding outside the business and uses it to monitor the firm’s future strategy. The search to identify these trends establishes the firm’s prospects and concurrently poses tests to the unrelenting success of the firm. In the words of Pearce and other authors, environmental scanning acts as radar that notifies the pilot of prevailing conditions that he/she is possibly to come across to.
The issues that an energy firm is likely to encounter after conducting its environmental scan are well spelt out in this paper. First and foremost, the firm has to consider the competitive landscape of the market. The firm has to acknowledge the presence of competitiveness while developing its business strategy. The other issue that may sprout once a firm conducts its environmental scan is the regulatory developments. Accountability of the firm will persist to be the watchword. The principle of accountability is not only confined to the public sector but goes further to include the private entities.
The government will put the measure in place to ensure that the practice of sustainability is the norm of the firm. Additionally, the issue concerning the turnover of the firm’s venture shall be put into consideration. The firm economics has to ensure that the venture it delves into has the potential of being commercially viable since the objective of any business undertaking is generating profits.
Macroeconomics is a domain concerned with the tendencies of the whole economy and not a specific fraction of it. This study delves into economic phenomena such as GDPs. How it impacted by shifts in national income, price levels and unemployment. An exemplary example of how macroeconomics works is the variance in net exports and how it would affect the nation’s GDP and unemployment rate. Alternatively, microeconomics refers to the study of resolutions entrepreneurs make concerning the apportionment of prices and resources of merchandise and services. Under this study, the regulations and taxes imposed by the government are also put into consideration. All the forces that affect the price level in an economy including demand and supply are highlighted in microeconomics.
Macroeconomics can be measured through national income, prices and the rate of inflation, and finally real variables. Under national income/GDP the economic activity of the nation’s economy is measured. Statistics from GDP measurement provide a good basis for the structure of a nation’s economy. With regard to the inflation rate; it is measured as an increase in prices which are conveyed as an annual percentage. Inflation rate tabulates the speed at which the prices of commodities upsurge on average. For one to be able to measure the rate of inflation he. She must have the overall information on the level of prices. Real variables can also act as a measurement in macroeconomics. The aggregate of all outputs into one definite figure in macroeconomics is achieved through utilizing money as the yardstick for measurement.
Microeconomics can be measured through stock variables and flow. The principle of stock variables is measured through the wealth and inventories of the firms and people in the market. Alternatively, the flow variables are measured through a period of time and consideration. Factors such as incomes and the rate of production and consumption. The other factor embraces so as to aid in measuring microeconomics is price. The prices can be categorized into two which are nominal and real price. Nominal price refers to the absolute dollar price of the merchandise when being sold in the market. On the other hand, the real price is worth comparative to a comprehensive measure of prices. The utility can also be adopted as a measure to microeconomics. The utility can be adopted by measuring the extent to which a market cannot do without a product.
Get Professional Assignment Help Cheaply
Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?
Whichever your reason is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.
Why Choose Our Academic Writing Service?
- Plagiarism free papers
- Timely delivery
- Any deadline
- Skilled, Experienced Native English Writers
- Subject-relevant academic writer
- Adherence to paper instructions
- Ability to tackle bulk assignments
- Reasonable prices
- 24/7 Customer Support
- Get superb grades consistently
Online Academic Help With Different Subjects
Students barely have time to read. We got you! Have your literature essay or book review written without having the hassle of reading the book. You can get your literature paper custom-written for you by our literature specialists.
Do you struggle with finance? No need to torture yourself if finance is not your cup of tea. You can order your finance paper from our academic writing service and get 100% original work from competent finance experts.
While psychology may be an interesting subject, you may lack sufficient time to handle your assignments. Don’t despair; by using our academic writing service, you can be assured of perfect grades. Moreover, your grades will be consistent.
Engineering is quite a demanding subject. Students face a lot of pressure and barely have enough time to do what they love to do. Our academic writing service got you covered! Our engineering specialists follow the paper instructions and ensure timely delivery of the paper.
In the nursing course, you may have difficulties with literature reviews, annotated bibliographies, critical essays, and other assignments. Our nursing assignment writers will offer you professional nursing paper help at low prices.
Truth be told, sociology papers can be quite exhausting. Our academic writing service relieves you of fatigue, pressure, and stress. You can relax and have peace of mind as our academic writers handle your sociology assignment.
We take pride in having some of the best business writers in the industry. Our business writers have a lot of experience in the field. They are reliable, and you can be assured of a high-grade paper. They are able to handle business papers of any subject, length, deadline, and difficulty!
We boast of having some of the most experienced statistics experts in the industry. Our statistics experts have diverse skills, expertise, and knowledge to handle any kind of assignment. They have access to all kinds of software to get your assignment done.
Writing a law essay may prove to be an insurmountable obstacle, especially when you need to know the peculiarities of the legislative framework. Take advantage of our top-notch law specialists and get superb grades and 100% satisfaction.
What discipline/subjects do you deal in?
We have highlighted some of the most popular subjects we handle above. Those are just a tip of the iceberg. We deal in all academic disciplines since our writers are as diverse. They have been drawn from across all disciplines, and orders are assigned to those writers believed to be the best in the field. In a nutshell, there is no task we cannot handle; all you need to do is place your order with us. As long as your instructions are clear, just trust we shall deliver irrespective of the discipline.
Are your writers competent enough to handle my paper?
Our essay writers are graduates with bachelor's, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college degree. All our academic writers have a minimum of two years of academic writing. We have a stringent recruitment process to ensure that we get only the most competent essay writers in the industry. We also ensure that the writers are handsomely compensated for their value. The majority of our writers are native English speakers. As such, the fluency of language and grammar is impeccable.
What if I don’t like the paper?
There is a very low likelihood that you won’t like the paper.
- When assigning your order, we match the paper’s discipline with the writer’s field/specialization. Since all our writers are graduates, we match the paper’s subject with the field the writer studied. For instance, if it’s a nursing paper, only a nursing graduate and writer will handle it. Furthermore, all our writers have academic writing experience and top-notch research skills.
- We have a quality assurance that reviews the paper before it gets to you. As such, we ensure that you get a paper that meets the required standard and will most definitely make the grade.
In the event that you don’t like your paper:
- The writer will revise the paper up to your pleasing. You have unlimited revisions. You simply need to highlight what specifically you don’t like about the paper, and the writer will make the amendments. The paper will be revised until you are satisfied. Revisions are free of charge
- We will have a different writer write the paper from scratch.
- Last resort, if the above does not work, we will refund your money.
Will the professor find out I didn’t write the paper myself?
Not at all. All papers are written from scratch. There is no way your tutor or instructor will realize that you did not write the paper yourself. In fact, we recommend using our assignment help services for consistent results.
What if the paper is plagiarized?
We check all papers for plagiarism before we submit them. We use powerful plagiarism checking software such as SafeAssign, LopesWrite, and Turnitin. We also upload the plagiarism report so that you can review it. We understand that plagiarism is academic suicide. We would not take the risk of submitting plagiarized work and jeopardize your academic journey. Furthermore, we do not sell or use prewritten papers, and each paper is written from scratch.
When will I get my paper?
You determine when you get the paper by setting the deadline when placing the order. All papers are delivered within the deadline. We are well aware that we operate in a time-sensitive industry. As such, we have laid out strategies to ensure that the client receives the paper on time and they never miss the deadline. We understand that papers that are submitted late have some points deducted. We do not want you to miss any points due to late submission. We work on beating deadlines by huge margins in order to ensure that you have ample time to review the paper before you submit it.
Will anyone find out that I used your services?
We have a privacy and confidentiality policy that guides our work. We NEVER share any customer information with third parties. Noone will ever know that you used our assignment help services. It’s only between you and us. We are bound by our policies to protect the customer’s identity and information. All your information, such as your names, phone number, email, order information, and so on, are protected. We have robust security systems that ensure that your data is protected. Hacking our systems is close to impossible, and it has never happened.
How our Assignment Help Service Works
1. Place an order
You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.
2. Pay for the order
Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.
3. Track the progress
You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.
4. Download the paper
The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.
PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET A PERFECT SCORE!!!