1. How much of each company's revenue and profit is generated outside its country of origin? Production processes that use a lot of capital relative to labour are capital intensive; those that use comparatively little capital are labor intensive. Capital takes different forms. A firm’s assets are known as its capital, which may include fixed capital (machinery, buildings, and so on) and working capital (stocks of raw materials and part-finished products, as well as money that are used up quickly in the production process).
2. What does the code of ethics statement for each company say? But everyone agrees that, at the very least, for capitalism to work the state must be strong enough to guarantee property rights. According to Karl Marx, capitalism contains the seeds of its own destruction, but so far this has proved a more accurate description of Marx’s progeny, communism.
3. What changes have they had to cope with in their people policies and product/service mix in the past decade? Markets in SECURITIES such as BONDS and SHARES. Governments and companies use them to raise longer-term CAPITAL from investors, although few of the millions of capital-market transactions every day involve the issuer of the security.
4. How effective are the firms? (Describe what basis you use to determine effectiveness.) One reason to expect catch-up is that workers in poor countries have little access to CAPITAL, so their PRODUCTIVITY is often low. Increasing the amount of capital at their disposal by only a small amount can produce huge gains in productivity. Countries with lots of capital, and as a result higher levels of productivity, would enjoy a much smaller gain from a similar increase in capital.
5. Would you want to work for either of these firms? Why Because this is one possible explanation for the much faster GROWTH of Japan and Germany, compared with the United States and the UK, after the second world war and the faster growth of several Asian “tigers”, compared with developed countries, during the 1980s and most of the 1990s.
3. What changes have they had to cope with in their people policies and product/service mix in the past decade? Markets in SECURITIES such as BONDS and SHARES. Governments and companies use them to raise longer-term CAPITAL from investors, although few of the millions of capital-market transactions every day involve the issuer of the security.
4. How effective are the firms? (Describe what basis you use to determine effectiveness.) One reason to expect catch-up is that workers in poor countries have little access to CAPITAL, so their PRODUCTIVITY is often low. Increasing the amount of capital at their disposal by only a small amount can produce huge gains in productivity. Countries with lots of capital, and as a result higher levels of productivity, would enjoy a much smaller gain from a similar increase in capital.
5. Would you want to work for either of these firms? Why Because this is one possible explanation for the much faster GROWTH of Japan and Germany, compared with the United States and the UK, after the second world war and the faster growth of several Asian “tigers”, compared with developed countries, during the 1980s and most of the 1990s.
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