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Globalization of Manufacturing, 2008.
This paper discusses perception versus the reality of globalization in manufacturing.
2,600 words (approx. 10.4 pages), 7 sources, MLA, $ 78.95
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Abstract
The intent of this paper is to provide an overview of both the perception versus the realities of global manufacturing. The writer points out that the reality of outsourcing is that it is a global business dynamic that reflects a company's need to follow the lowest cost of manufacturing, service and support around the globe. In addition, the writer notes that the Internet has forced the responsibility of global competition on previously parochial, regionalized businesses. The writer concludes that that the Internet and globalization has forever changed the face of global competition, and that offshore outsourcing is going to continue and grow due to cost advantages.
Outline:
Summary
Financial Implications for the U.S. Regarding Outsourcing
Offshore Outsourcing Has Become the Political Football of Choice
Conclusion
From the Paper
"The key take-away from the debate at the CEO Forum was not necessarily how key economic indicators are defining varying degrees of growth or lack thereof in the American economy. Rather, the discussion made one very glaring and uncomfortable fact true; unions and their usefulness are quickly losing relevancy, and in a globally competitive arena, labor costs will make or break the long-term competitive strength of any nation. Artificially inflated labor rates, as Ford Motor Company has done for example, are a strategy that no longer works as the auto company's recent financial performance proves. Jobs and professions that require brains over brawn and muscle dominate high growth professions, and while Democratic party officials worry about the loss of their constituents from unions, the broader fear that needs to be confronted is equipping the next generation of American workers with the intellectual tools to compete, not simply an attitude of entitlement that tends to pervade households where multiple generations have been in unions."
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International Trade in Germany, 2008.
A discussion of the recent decline and recovery of international trade in Germany.
1,005 words (approx. 4.0 pages), 5 sources, APA, $ 35.95
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Abstract
This paper presents an overview on Germany's international trade activity. The paper maintains that Germany is one of the most powerful states in the world at the present time. It points out that due to its technologically powerful economy, Germany is the fifth largest economy in the world, and economic statistics show a maintaining similar position for the following years. The paper discusses Germany's trade relationships with the United states, as well as countries throughout Europe and Asia. The paper concludes that Germany's continuous modernization process ensures the country's success in international trade activity.
From the Paper
"However, Germany managed to make a comeback in 2006 due to implementing a series of labor market reforms. These reforms started to be implemented during the former government that was ruled by Chancellor Gerhard Schroeder. The implementation of these reforms continues during the current government ruled by Chancellor Angela Merkel, but they are supported by other reforms of measures initiated recently. As a consequence, 2006 brought a reduced budget deficit within the European Union's 3% debt limit. Unemployment was reduced to 7%. The overall economic growth in 2006 was of 2.2%."
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Danish Economy, 2008.
A brief overview of the relationship between the modern Danish economy and globalization.
1,440 words (approx. 5.8 pages), 7 sources, MLA, $ 47.95
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Abstract
This paper contends that the Danish economy is one of the most prosperous ones in the world, due both to its strength at the national level and its power of adaptation at the international level, an objective accomplished through a prosperous international trade and through the influence of globalization.
From the Paper
"One of the most important factors which have contributed to the great development of the Danish economy throughout the history is the geographical position of the country itself. As a follow-up, Denmark was considered to have one of the most dynamic economies in the world, next to the ones of Great Britain and the Netherlands, ever since the 16th century. In those times, like most of the other European countries, Denmark's economy was mainly based on agriculture. Even though, the big difference consisted in the fact that, despite other countries, Denmark has succeeded to develop this part of economy during the next century. Therefore, it could be said that the Danish economy was mainly based on agriculture until late 1950s, when it was replaced by the manufacturing industry. Thus an economic history of Denmark must take its point of departure in agricultural development for quite a long stretch of time. "
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Adopting Electronic Bill Presentation and Payment, 2008.
An examination of why the adoption of electronic bill presentment and payment (EBPP) is different for different age groups, and of effective marketing strategies to increase EBPP awareness and adoption.
7,155 words (approx. 28.6 pages), 14 sources, APA, $ 159.95
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Abstract
This paper presents an in-depth study of the growing use of electronic bill presentment and payment (EBPP) technology to make payments. The writer discusses different payment and statement presentment models, and examines several case studies evaluating biller and consumer preferences and expectations. The writer concludes that although it has taken longer to adopt EBPP technology than was originally projected, the rate of adoption is witnessing a startling growth and is expected to grow even faster over the next several years. The paper includes several charts, tables and graphs.
Outline:
Objective
Introduction
EBPP Payment Models and Applications
Model Components
Consumer Generational Preferences
Case Studies: A Review
Summary & Conclusion
From the Paper
"It cannot be stressed enough that the EBPP system that is effective, accepted and trusted by the consumer is one that is user friendly, secure, and is generally one that is user-centric catering to the desires and needs of the consumer in paying their bills and viewing their bills online. Studies have stated findings that providing consumers with how-to guides and tutorials is also important in gaining the acceptance of users for EBPP technology. It is critically important the consumer feel that he or she is in control of all transactions that take place through EBPP technology applications."
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The Developing World versus the Developed World, 2008.
This paper discusses the power held by the developed nations over the developing world.
861 words (approx. 3.4 pages), 2 sources, APA, $ 30.95
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Abstract
In this article, the writer notes that the G7 nations of Canada, France, Germany, Great Britain, Italy, Japan, and the United States remain some of the most powerful economic forces in the world today, yet they seem unable to exert any real pressure upon China according to Reuters reporter Louise Egan. Their conflict with China over China's currency value exemplifies the greater power held by developing nations in the current world economy. The writer points out that despite increasing pressure from the G7 nations to ensure that China's currency more accurately reflect its real value, China seems unlikely to allow its currency rise according to G7 demands.
From the Paper
"Once upon a time when the U.S. caught an 'economic cold,' the rest of the world, particularly the G24 nations would catch the flu. Now that has changed. Furthermore, of the powerful, developed nations, the EU block countries rather than America and Japan exercise more dominance and have more confidence in the wake of difficulties when negotiating with the developing world.
"The IMF has been somewhat caught in the middle of this war between the G7 and G24 war for dominance. Because it has an inclusive membership policy for all nations, it strives to be accommodating rather than polarizing, especially after it was criticized for being unduly harsh to developing nations when they were suffering their own financial difficulties. "
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Under-pricing of Initial Public Offering (IPO) in Hong Kong, 2008.
An examination of initial public offerings (IPO) in Hong Kong to see and evaluate whether IPO's have been under priced in recent years.
16,295 words (approx. 65.2 pages), 60 sources, APA, $ 249.95
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Abstract
This paper discusses how a company set the initial public offering (IPO)price that was offered to both the public and the institutional clients via public offering and international placement process. The paper looks at the factors that affected the company's decision and the reason for having an IPO and its process, such as approval from regulatory bodies, are clearly examined so that there is a better understanding of the situation. The paper also explains about the parties involved in an IPO such as the company itself, the auditor, investment bankers, and underwriting managers. The paper describes their involvement and how they influenced the pricing. The paper then looks at the factors that drove them to make such a decision.
Table of Contents:
1. Abstract
2. Acknowledgement
3. Chapter 1 Introduction
1.1 Background
1.2 Objective
4. Chapter 2 Market Analysis
2.1 Background of the Securities Market in Hong Kong
2.2 Initial Public Offerings (IPO) in Hong Kong
2.2.1 Reasons of having IPO
2.2.2 Why Companies choose to list in Hong Kong?
2.2.3 What are the eligibility requirement
2.2.4 Parties involved and their respective roles
2.2.5 IPO process
5. Chapter 3 Literature Review
3.1 Introduction
3.2
3.3 Summary and conclusion
6. Chapter 4 Analysis on the underpricing of Hong Kong IPOs
7. Chapter 5 Summary and Conclusion
8. References
9. Appendix
From the Paper
"As at the end of 2005, total market capitalization of the Main Board was HK$8,113.3 billion, which is a 22.4% increased when compared with 2004. The average daily turnover of the Main Board in 2005 was Hk$18.2 billion, up 15% from that in 2004. Therefore, the importance of the SEHK cannot be underestimated. Carrying out research in the Hong Kong IPO market increases understanding of the market and also the phenomenon in the market place."
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The Impact of Tax-Free Zones in the UAE, 2008.
A review of the impact of tax-free zones in the United Arab Emirates.
2,361 words (approx. 9.4 pages), 4 sources, APA, $ 72.95
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Abstract
The paper deals with free economic zones introduced by the United Arab Emirates designed to attract foreign investment in the region by providing various tax benefits. The paper assesses the effects on the economy at a local and national level and isolates any negative effects. It also presents a strategy to reduce any negative outcomes in future free economic zone development.
Outline:
Introduction
Rationale
Aims and Objectives
Methodology and Theoretical Approaches
Plan of Action
Resource Requirements
Ethical Consideration
From the Paper
"After the success of the Jebel Ali Free-trade Zone, high demand has led to the creation of further zones with equal or better benefits provided. For example, in 1990 the Dubai Internet City and the Dubai Media City were created offering an initial period of fifty tax-free years, and the extra benefit of there being no restrictions on sponsorship or partnership for the investors in the area. This, along with the advantages of the technical infrastructure, have led to a number of leading international companies such as Microsoft, McGraw-Hill and CNN moving to this zone. The Dubai International Financial Centre (DIFC) was created later, in 2004, offering similar benefits to the previous trade-free zones, although this time aimed at financial companies. The manner in which the trade-free zone enables financial companies to gain a permanent foothold within the region is expected to strengthen the economic activities of not only the UAE, but the Middle East as a whole. In this region there are also no restraints as to how long the companies can remain under the tax benefits available, making investment in this area highly lucrative for international financial companies. "
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Leadership Styles in Venezuela and the USA, 2008.
An examination of the different leadership styles in Venezuela and the USA.
2,673 words (approx. 10.7 pages), 13 sources, MLA, $ 80.95
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Abstract
This paper examines the alternative approaches in leadership in Venezuela and America. The paper explains that the notion of leadership has an extremely complex meaning and it implies anything from deciding upon the most insignificant issues up to making life threatening decisions. The paper looks at how Venezuela's leader is a controversial person, with numerous disclaimers and even more advocates. The paper then points out that Venezuela is a highly populist country that is divided between a few extremely wealthy individuals and great masses of poor people. The paper also examines how the United States of America is currently the world's largest nation, being run by the globe's most influential man: George W. Bush.
Outline:
Abstract
Leadership in Venezuela:
- Cultural Forces
- Economic Forces
- Technological Forces
- Political Forces
Leadership in the U.S.:
- Cultural Forces
- Economic Forces
- Technological Forces
- Political Forces
Conclusions
From the Paper
"Venezuela is a highly populist country. It is divided between few extremely wealthy individuals and great masses of poor people. However, the South American country possesses enormous resources - Venezuela is one of the 17 megadiverse countries of the globe - the revenues from exploiting those resources have failed to aid the poor. Many rulers have attempted to narrow the gap between Venezuela's poor and wealthy, but up until present times, they have all failed. The most frequently desire met amongst the country's population is that of alleviating the huge financial discrepancy between the two social classes."
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Globalization and Corporate Social Responsibility, 2008.
A research proposal to study globalization and corporate social responsibility in the Toyota Motors Corporation's automotive production chain.
2,952 words (approx. 11.8 pages), 35 sources, APA, $ 87.95
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Abstract
This paper is a plan for a major research paper on the topics of globalization, corporate social responsibility (CSR) and the automotive industry production chain, using the specific example of Toyota Motors Corporation of Japan. The objective of the study is to better understand corporate social responsibility and how it can be utilized to not only benefit the customer, but also be utilized as a competitive advantage by the organization committed to the concept, through an analysis and assessment of Toyota's corporate social responsibility practices and principles across their globalized production chain.
Outline:
Abstract
Introduction
Literature Review
Globalization
Corporate Social Responsibility
Supply Chain Literature
Toyota Motors Corporation's Success
Discussion
Conclusion
From the Paper
"Much has been written on the topics of globalization and corporate social responsibility. "Globalization characterises the international setting of business transactions in which U.S. and world multinational companies will increasingly participate over the next several decades" (Carroll 2004). Globalization is a reality that businesses must face if they hope to be successful. Today competition doesn't simply come from competitors located in the same city, state, or even the same country - but can come from anywhere around the globe. As technology advances and geographical boundaries become less and less of a hindrance, operating in this new environment efficiently and effectively becomes critical (Micklethwait & Wooldridge 2000; Smeets 1990). Globalization has increased the mobility of capital (Koechlin 1995). And, with globalization, the rise and decline of world powers instigates global political evolution (Modelski 1996). "
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Money Laundering, 2008.
A discussion on money laundering and its implications on the financial stability of a country.
1,275 words (approx. 5.1 pages), 10 sources, APA, $ 43.95
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Abstract
The paper discusses the seriousness of money laundering. It confirms that global based financial markets make money laundering easy for financiers, and countries that enact account secrecy laws, are connected to countries with account reporting mandates, making it possible for a person to deposit "dirty" money anonymously in one country and have it transferred to another country. The paper, reports that money laundering is a commonly committed crime that wreaks havoc on the financial stability of a nation.
From the Paper
"The International Monetary Fund states that money laundering, which drug traffickers use to bring proceeds gained through distribution or sale of controlled substances back into legitimate markets, or to hide support of terrorist organizations, amounts to between 2% and 5% of the world's Gross Domestic Product, (over $600 billion annually). Money laundering hides the true basis of funds gained through selling and distributing drugs and converts them into solid assets with apparently legitimate sources. However, laundering large amounts of small-denomination bills is conspicuous enough that it makes traffickers visible and liable to laws against such practices. "Tracking and intercepting this illegal flow of drug money is an important tool used to identify and dismantle international drug trafficking organizations."
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Capital Budgeting: Theory Versus Process, 2008.
A case study analysis of how capital budgeting theory can be applied at Ghana Oil Palm Development Corporation.
3,841 words (approx. 15.4 pages), 6 sources, APA, $ 105.95
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Abstract
This paper explores the capital budgeting process in a real-work scenario. The paper aims to determine how companies apply capital budgeting theory in actual practice and what results they can expect to achieve. The paper specifically examines the capital budgeting theory and how it is applied at the Ghana Oil Palm Development Corporation.
Table of Contents:
Background
Recent Capital Projects
Theoretical Background of Study
Choice of Methodology
Results
Analysis and Interpretation
Conclusions and Recommendations
From the Paper
"The results of this study demonstrated the importance of considering external factors in the capital budgeting process. The role of local and national governments must also be considered. This study will help others realize how important it is to include external factors in their capital budgeting analysis. This study achieved its goals be providing in-depth insight into the thought processes that govern the capital budgeting process. As we found out, often those that make the decisions regarding the method for capital budgeting must act under the direction of others above them. This can make the process difficult, especially if the superior does not understand the importance of external variables that can affect the outcome of the project."
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Saudi Arabian Private Sector and Small Enterprises, 2008.
An examination of the role of the private sector in the financing of small enterprises in the kingdom of Saudi Arabia.
2,565 words (approx. 10.3 pages), 6 sources, APA, $ 77.95
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Abstract
This paper analyzes the correlation between the Saudi Arabian private sector and small enterprises and their financing. The paper also provides an overview of the Saudi Arabian economy in general. The paper then presents several traits of the current state of the country's private sector. The paper also discusses the situation regarding small enterprises in Saudi Arabia, issues regarding their financing, and obstacles that must be surpassed so that these companies benefit from appropriate funding. The paper then looks at methods through which this objective could be achieved.
Outline:
Abstract
Introduction
Economic Overview of Saudi Arabia
Saudi Arabian Private Sector of the Economy
Small and Medium Enterprises in the Kingdom of Saudi Arabia
Relevance of the Project
Conclusions
From the Paper
"The most important sectors of Saudi Arabian economy are the oil sector and the services sector. These sectors are depending a great deal on the 5.5 million foreign workers engaged in these two sectors. Since Saudi Arabia is depending too much on the oil industry, the government has started to implement a series of policies and reforms that are meant to encourage the development of the private sector. Foreign investments are also encouraged by the Saudi Arabian government. The country's economic diversification process includes sectors like: power generation, telecom, natural gas, and petrochemical industries (CIA, 2007)."
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Banking Regulation Basel II, 2008.
Looks at banking regulation Basel II, a continuance of the Basel Accords, which guides the management of the banking industry.
1,150 words (approx. 4.6 pages), 7 sources, MLA, $ 39.95
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Abstract
This paper explains that Basel II is recommendations and regulations issued by the Basel Committee on Banking Supervision as an attempt to create a more stable banking environment, to limit the risk of default and to create a common global risk management framework. The paper explains its three-pillar approach to better manage risk and to increase disclosures and then describes potential problems created by the Basel II framework in its implementation in developing countries. The paper then relates that, these developing countries are still anxious to apply Basel II because a stable banking sector could be successfully expanded to a stable and healthy economy.
From the Paper
"For developing countries, such a situation poses potential significant threats. First of all, during recessions, it would make it much harder for developing countries to raise capital and thus can lead to the crisis going on indefinitely, rather than the capacity of the developing country to raise funds helping end the recession. Further more, even in normal economic growth phases, for developing countries, with a growing economy based very much on the existence of credit, a stifled credit policy can prove an important potential problem."
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The Saudi Arabian Economy, 2008.
Examines problems of the Saudi Arabian economy especially in financing small and medium sized-enterprises (SMEs).
1,515 words (approx. 6.1 pages), 4 sources, APA, $ 49.95
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Abstract
This paper explains that, although Saudi Arabia appears to be wealthy, the nation's economy is dependent upon a singular natural resource, oil. The paper points out that Saudi's declining oil revenue to population ratio is creating a budgetary deficit in which the state cannot invest enough in the private sector to employ its many out-of-work young people. The paper then explains that, to truly create a strong economy, small and medium sized-enterprises (SMEs) must become the backbone of the new Saudi economy. Thus, Saudi Arabia is attempting to create a business environment friendlier to SMEs.
From the Paper
"The most obvious states suffering this 'rentier state' syndrome are those of the Middle East, including Saudi Arabia. The Middle East is rich in oil, and the world's near-universal dependence on this fossil fuel for economic survival has enriched many of the nations of this politically troubled region. But oil wealth has also served as what might be called a 'crutch' and actually impedes these nations' future development by providing a disincentive to innovate and to explore other industries."
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Indian Mutual Funds Industry, 2008.
This paper provides an analysis of the mutual funds industry in India.
14,166 words (approx. 56.7 pages), 66 sources, APA, $ 249.95
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Abstract
In this article, the writer explains that a mutual fund is simply a pool of money that is invested by a manager with the goal of increasing the value of each share of the fund for its investors. The writer further explains that a mutual fund provides investors with diversification of their portfolios, thereby spreading risk and providing the convenience of buying and selling shares in the fund on any business day. The writer then notes that more and more average investors are seeking out investment opportunities in mutual funds, and the research shows that such funds exist for virtually any investment goal or objective. This study then provides a critical evaluation of the mutual funds industry in general and the use of mutual funds in India in particular. A comparison of Indian investment options that evaluates domestic versus overseas investments is provided, as well as a review of typical company strategies and an analysis of the riskiness of these respective investments.
Table of Contents:
Chapter 1: Introduction
Statement of the Problem
Hypothesis
Rationale
Definition of Key Terms
Chapter 2: Literature Review
Chapter 3: Methodology
Statistical Analysis
Data Collection
Chapter 4: Data Analysis
Chapter 5: Summary, Conclusions and Recommendations
References
Appendix A
From the Paper
"Venture capital activity in India was formalized in 1988 when the central government announced guidelines for the establishment and functioning of the industry. Venture capital companies sprang up, several sponsored by government development financial institutions. With significant economic liberalization policies introduced by the central government in 1991, more domestic and foreign venture capital companies began operations. In 1996, the central government introduced new and improved guidelines for regulating India's venture capital industry. In spite of this significant progress, growth of the industry has been restricted by several factors, including conservative government policies, limitations on the availability of funds, and an inadequate equity market infrastructure."
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Elasticity of Air Travel Demand, 2008.
An exploration of the elasticity of air travel demand in the United States.
2,223 words (approx. 8.9 pages), 6 sources, APA, $ 69.95
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Abstract
The paper attempts to identify the economic and industry specific aspects of varying elasticities of demand for air travel in the United States. The paper explores the consumer's demand in accordance with the recent price increase trends in air travel. The paper then proposes a research study to better measure demand for air travel in the U.S. airline industry.
Outline:
Summary and Introduction
Air Travel Demand Elasticity Ratios
Literature Review
Methods for Measuring Demand for Air Travel in the U.S.
From the Paper
"The concept of elasticity involves the considerations for the occurring trends with consumer demand for a product, good or service that is increasing in price (Moffatt, 2005). As history has shown, when the price of a good or service climbs, the consumers resulting demand will decrease.
"Often, the consumer may begin purchasing less, taking advantage of similar goods or services of a competitor or withdraw entirely from the good or service that is increasing in price. To the degree to which demand decreases while product or service prices climb, the higher the price elasticity of demand. The price elasticity of demand is used to measure the exact economic scale of the correlation between the variances in the degree of demand for a good or service and the changes to their price."
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Banking Profitability Determinants, 2008.
A complete research paper to identify profitability determinants of the banking industry in U.S.A.
11,560 words (approx. 46.2 pages), 44 sources, MLA, $ 225.95
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Abstract
This research paper develops an appropriate econometric model whereby the primary determinants of profitability of the top five bank holding companies in the United States could be examined and understood. To accomplish this purpose, an econometric model based on internal aspects of the banking organizations as they related to their return on assets and external aspects of the environment in which they compete as measured by growth in GDP was developed based on guidance provided by economists and industry experts to determine the impact of the external national economy of these five leading banks according to their size as measured by total assets. A critical review of the relevant peer-reviewed, scholarly and organizational literature is followed by an analysis of the statistical data for these bank holding companies using the econometric model. A summary of the research and salient conclusions are provided in the concluding chapter. The paper includes several graphs, tables, and charts.
Table of Contents:
Abstract
Statement of the Problem
Purpose of Study
Importance of Study
Scope of Study
Rationale of Study
Overview of Study
Review of Related Literature
Methodology
Description of the Study Approach
Data-gathering Method and Database of Study
Data Analysis
Econometric Model
Summary and Conclusions
Appendix: United States' Largest Bank Holding Companies (as of June 2007)
Appendix: Excel Spreadsheet Results of Data Analysis
From the Paper
"Based on the foregoing constraints, a better indicator of profitability was required for the purposes of this investigation. As noted above, the empirical test used in this study is concerned with the determinants profitability of these five leading bank holding companies in the United States as of June 2007. For this purpose, the measure of profitability of each bank was defined as the return on assets (ROA); the ROA is a ratio that is calculated by dividing the net income over total assets. The macro-economic variable GDP per capita growth was also used in the model as estimated by the CIA World Factbook for 2006 and the International Monetary Fund for the years 2004 and 2005.
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The Northridge Earthquake, 2008.
An analysis of the economic and psychological impact and aftermath of the Northridge Earthquake in Los Angles in 1994.
2,189 words (approx. 8.8 pages), 16 sources, MLA, $ 68.95
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Abstract
This paper discusses the Northridge earthquake that hit the San Fernando Valley area of Greater Los Angeles on January 17, 1994. The paper specifically reviews the economic impact of the earthquake, as well as the psychological aftermath for the residents of the area. It also discusses the news coverage of the earthquake and general related information.
Table of Contents:
Introduction
Economic Impact
Northridge Earthquake General Information
Northridge Earthquake News Coverage
Suicides Due to the Northridge Earthquake
Psychological Distress Following the Northridge Quake
From the Paper
"While the earthquake itself didn't result in an increased rate of suicides, the same publication (Prehospital and Disaster Medicine) with mostly the same authors (Bourque, Shoaf, et al, 2002) shows that there was additional psychological distress on the day of the quake. On an average day in LA County there are an estimated 60-80 deaths associated with "cardiovascular events" (IHD, "ischemic heart disease" - heart attacks - and atherosclerotic cardiovascular disease ACD). Meanwhile, in the 16 days preceding the January 17 Northridge quake deaths associated with IHD and ACD averaged 73 per day; on the day of the quake, 125 IHD / ACD death occurred. But for the rest of the month of January following the 17th, the average dropped to 57 deaths per day attributed to IHD and ACD."
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World Formula One Championships, 2008.
This paper covers the abject failure of Formula One to take hold in the United States.
1,670 words (approx. 6.7 pages), 12 sources, MLA, $ 54.95
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Abstract
This paper examines why Formula One racing has not succeeded in the US and examines the effects that it has on the attempts by global advertisers and FISA to create a truly global sponsorship platform. The paper makes the case that Formula One racing will not be successful in the United States in the future, despite the successful globalization efforts of many of its sponsors. It also demonstrates that F1's failure to capture the US imagination will result in a gradual decline in the importance of the sport to global commercial sponsors (although not for global governmental partners).
Outline:
Introduction
Media Growth through Sports
Interest of the Multinationals
Subject Population and Statistical Analysis
Coming to the United States
Benefits for the Participants
Recent Problems with the US
Conclusion: Making Formula One Relevant for the US Market
From the Paper
"Coming to the United States: Benefits for the Participants
The rewards of extending Formula One1 to the US are clear. Although comprising only 5% of the world population, the US accounts for 30% of global GNP (Julius 2005) . Many of the world's largest and most-successful multinationals are headquartered in the US. And the US is the largest car market in the world (Roberts 2006). The potential for sponsorship should exist both inside and outside the US' borders: from multinational companies already sponsoring F1 teams that wish to extend their marketing reach in the sport to the US, to companies (like AT&T) that are headquartered in the US that would like to extend their brand recognition in an effective way to the rest of the world."
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