The assignment should be presented as a Journal opinion article and Essay

The assignment should be presented as a Journal opinion article and address an economic issue of current interest to Wall Street - Essay Example Political economy integrates anthropology, sociology, philosophy and sciences of nature. All these together create building blocks for methodology to comprehend social change along with styles of development. The enactment of one must affect the other. There is a worldwide agreement that politics matter a lot in developing countries which implies that study of â€Å"Political Economy† plays a crucial role in economic development. Political goodwill and stability are the vital prerequisites for any government to understand socio-economic and political growth along with development. Political instability brings ambiguity in the future economy policies of a country and deleteriously affects investors. Political stability and economic progress must be determined jointly and must necessarily remain bedfellows. Mark Zandi is one of the foremost economists of Moody’s Analytics where he performs economic based research. Moreover, Dr. Zandi is the co-founder of economy.com. Dr. Zandi’s research primarily involves financial market, macroeconomics and public policy reforms. Dr. Zandi has defined economic impact of various governments expenditure policies as well as tax systems and has also evaluated numerous monetary policies (Moody's Analytics, Inc. â€Å"Mark Zandi | Chief Economist, Moody's Analytics†). ... Zandi (Tracy, â€Å"‘Corrosive’ Political Conflict Is Holding Back U.S. Growth†). A brief government shutdown lasting for 2 or three days is capable enough to create a modest impact in reducing real Gross Domestic Product (GDP) growth by 0.2%. If it continues for two or three weeks â€Å"significant economic damage† will be the result and GDP cut would be 1.4%. Economic growth diminished noticeably during the shutdown of about three weeks in the late 1995 and in early 1996 (Newsmax Media, Inc. â€Å"Moody's Zandi: Prolonged Gov. Shutdown 'would likely bring another Recession†). In this regard, it is determined the US Congress failed to sanction legislations appropriating funds for the year 2014 which is considered to be the main reason behind the US government shutdown. Social security along with Medicare are not entirely self-funded like Federal Reserve System but partly self-funded and subjected to administrate shut-down along with failure if the g overnment becomes unsuccessful to meet the financial obligation. The 16 days long US shutdown in October 2013 was the third lengthiest government shutdown. Around 700,000 thousand federal workers had been indeterminately furloughed after arising of deadlock between Democrats and Republicans. NASA was completely closed and passport applications as well as cheques remained unprocessed (Telegraph Media Group Limited. â€Å"US Government Shuts Down As Congress Misses Deadline†). During the October 2013 shutdown Congress was trying for a temporary conciliation to raise the US borrowing limit to reopen the government. The Congress was intending to maintain the compromise till market fall sharply. The business owners should be

Feasibility study Essay Example | Topics and Well Written Essays - 750 words

Feasibility study - Essay Example A Feasibility study is an investigation of a proposed solution and the benefits of undertaking such an activity. The main Reasons why an organization conducts a study of such kind is that it helps them consider all the aspects associated with the activity and allows them to see whether they have the time and resources to implement such a system. Although it is done at the beginning of the project it can be detailed analysis (wisegeek) In this report we will analyze the current system that Bundberry uses to control their transport facility availed by the clients and the staff of the organization and then devise a plan to implement a new system that will integrate its entire system into one system using an ERP (Enterprise Resource Planning) system such as SAP in order to improve their booking system. We will also integrate an online booking system that will allow quick and easy way for the clients to use the service. Currently the organization is working on a very basic system that needs to be upgraded in such a way that it allows it to monitor and control their transport facility on a more real time basis so that they can ensure that there are no unnecessary costs incurred by the organization and that the booking system is efficient enough to provide timely service to the customers total satisfaction. An ERP system is a combination of core business practices and functions with the latest technology. (topbit). It integrates the core processes of the organization, enabling it to achieve its objectives using resources effectively and efficiently. These systems previously were only feasible for large organizations and companies to implement, However now with the help of online technologies, ERP can be virtually implemented by any kind and size of organization. It is software architecture at the heart of which lies the information that is the key to an organization’s success. At