Assess the economic conditions facing U.S. firms in 2012
In you assessment, be sure to address the economy-wide recovery from the recession of 2007-2009, inflationary expectations, the political situation, expected economic growth, and consumer confidence.
By the start of 2012 the U.S. was out of the recession, and well into a "jobless" recovery. The unemployment rate was still high (around 8%), real economic growth was sluggish (about 1.7% the previous year) with only a modest expected increase in the coming year. Interest rates were relatively low and the Federal Reserve was actively engaged in a policy of monetary stimulus including "quantitative easing", and consumer confidence was on the rebound but not particularly strong by historic standards. A retail firm such as Walmart could probably anticipate continued sales growth, low borrowing costs, and modest political resolution with the upcoming presidential and other national, state, and local elections.
You might also like to view...
A divest price strategy continues to raise prices slowly with expected decreases in volume until the business has exited the market
Indicate whether the statement is true or false
Competition between teams is an advantage of team incentives.
Answer the following statement true (T) or false (F)
A bargain so unfair to a party that no reasonable or informed person should agree to it and a court may decline to enforce is considered to be a(n)_________
Fill in the blank(s) with correct word
Transfer of Instruments. In July 1988, Chester Crow executed a promissory note payable "to the order of THE FIRST NATIONAL BANK OF SHREVEPORT or BEARER" in the amount of $21,578.42 at an interest rate of 3 percent per year above the "prime rate in
effect at The First National Bank of Shreveport" in Shreveport, Louisiana, until paid. The note was a standard preprinted promissory note. In 1999, Credit Recoveries, Inc, filed a suit in a Louisiana state court against Crow, alleging that he owed $7,222.57 on the note, plus interest. Crow responded that the debt represented by the note had been canceled by the bank in September 1994, contending that, in any event, to collect on the note Credit Recoveries had to prove its legitimate ownership of it. When no evidence of ownership was forthcoming, Crow filed a motion to dismiss the suit. Is the note an order instrument or a bearer instrument? How might it have been transferred to Credit Recoveries? With this in mind, should the court dismiss the suit on the basis of Crow's contention?