Economic Downturn Essays (Examples)
Study Document
Papa Johns Strategic Analysis
… relatively minimal on the pizza business, as most ingredients are sourced domestically. Tax policy can affect businesses where profit margins are this tight. economic forces certainly can impact the pizza business, as eating out is something done with disposable income, so people need to have some of … (Navellier, 2009).
Pizza exists in a state of monopolistic competition, so brand can be one of the more reliable differentiators to combat hard economic times. This market structure means that the quality of the food, the service, and the overall brand value are the key means of … this new product messaging to the market.
The company has already experienced a major crisis event, but should still anticipate some sort of economic downturn. While Papa John’s fared well during the last downturn, it should not expect that to happen again. The company must plan for another downturn, given its weak financial……
References
References
Halzack, S. (2018) Papa John’s just went from bad to worse. BNN Bloomberg. Retrieved April 7, 2019 from https://www.bnnbloomberg.com/papa-john-s-just-went-from-bad-to-worse-1.1120265
IBIS World (2019) Pizza restaurants industry in the US. IBIS World. Retrieved April 7, 2019 from https://www.ibisworld.com/industry-trends/specialized-market-research-reports/consumer-goods-services/food-service-drinking-places/pizza-restaurants.html
Kenton, W. (2019) Porter’s 5 forces. Investopedia. Retrieved April 7, 2019 from https://www.investopedia.com/terms/p/porter.asp
McCormick, M. (2018) Key success factors in a pizza business. Houston Chronicle. Retrieved April 7, 2019 from https://smallbusiness.chron.com/key-success-factors-pizza-business-2788.html
Navellier, L. (2009) Papa John’s – how to beat the recession with pizza. NASDAQ. Retrieved April 7, 2019 from https://www.nasdaq.com/personal-finance/papa-johns-PZZA.stm
Papa John’s Form 10-K 2018. Retrieved April 7, 2019 from https://ir.papajohns.com/static-files/2977c391-0218-4bac-8eb2-dcabd4561cfe
Papa John’s website, various pages. (2019) Retrieved April 7, 2019 from https://www.papajohns.com/company/about-papa-johns.html
QSR (2018) The QSR Top 50. QSR Magazine. Retrieved April 7, 2019 from https://www.qsrmagazine.com/content/qsr50-2018-top-50-chart
Study Document
How African Customary Social Practices Enhance Coping Strategies
… African mechanisms helped to handle and manage health crises, it is believed that it was because the successful mechanisms took into account the socio-economic situation on the ground and wholesomely addressed the health crises and the related social and economic effects. Most of the mechanisms were initiated after elders or senior members of African societies met and discussed crises and suggested ways to … Improving survival and coping capabilities of African societies and communities through customary practices is quite important right now considering the volatile political and socio-economic conditions across the continent and the reports of starvation, extreme poverty, and violence in various areas throughout Africa.
Most studies on how crises … starvation, extreme poverty, and violence in various areas throughout Africa.
Most studies on how crises were managed in traditional African settings focused on economic, political, and security crises. The overwhelming majority of the studies focus on conflicts……
References
References
Abel-Smith, B., & Rawal, P. (1992). Can the poor afford ‘free’ health services? A case study of Tanzania. Health Policy and Planning, 7(4), 329-341.
Airhihenbuwa, C. O. (1995). Health and culture: Beyond the Western paradigm. Sage.
Fairhead, J. (2014). The significance of death, funerals, and the after-life in Ebola-hit Sierra Leone, Guinea, and Liberia: Anthropological insights into infection and social resistance.
Handler, J. S. (2016). Custom and law: The status of enslaved Africans in seventeenth-Century Barbados. Slavery & Abolition, 37(2), 233-255.
Iganus, R. B., & Haruna, A. (2017). The Strength of African Culture in Managing Family Crisis in a Globalized World. Anthropol, 5(197), 2332-0915.
Manguvo, A., & Mafuvadze, B. (2015). The impact of traditional and religious practices on the spread of Ebola in West Africa: time for a strategic shift. The Pan African Medical Journal, 22(Suppl 1).
Marsland, R. (2006). Community participation the Tanzanian way: Conceptual contiguity or power struggle? Oxford Development Studies, 34(1).
Patton, M. Q. (2014). Qualitative research & evaluation methods: Integrating theory and practice. Sage publications.
Study Document
EV Market Business Opportunity Analysis Report
… affordable EV that foregoes the frills of the luxury brand models could be exactly what the market is looking for. Climate change worries, economic worries (particularly how a Brexit will impact the UK), and numerous other concerns are weighing on the minds of the upcoming generations and … 20k pounds and the EVX will be only a quarter of that, making it an unbelievable option for price-conscious consumers. Considering that a downturn, now expected, in the global economy is likely to turn all consumers price-conscious (Inman, 2019), competitors will be priced out of the market ……
References
References
Andwari, A.M., Pesiridis, A., Rajoo, S., Martinez-Botas, R. and Esfahanian, V., 2017. A review of Battery Electric Vehicle technology and readiness levels. Renewable and Sustainable Energy Reviews, 78, pp.414-430.
Angerer, M., Brem, A., Kraus, S. and Peter, A., 2017. Start-up funding via equity crowdfunding in Germany: A qualitative analysis of success factors. The Journal of Entrepreneurial Finance (JEF), 19(1), pp.1-34.
Baron, R.A. and Tang, J., 2011. The role of entrepreneurs in firm-level innovation: Joint effects of positive affect, creativity, and environmental dynamism. Journal of Business Venturing, 26(1), pp.49-60.
Car, 2019. Best EVs 2019. Retrieved from https://www.carmagazine.co.uk/electric/best-electric-cars-and-evs/
Crum, R. 2018. Elon Musk says Tesla nearly died during Model 3 production ramp. Retrieved from https://www.mercurynews.com/2018/11/26/elon-musk-says-tesla-nearly-died-during-model-3-production-ramp/
Ewing, J. 2017. What Needs to Happen Before Electric Cars Take Over the World. Retrieved from https://www.nytimes.com/2017/12/18/business/electric-car-adoption.html
Fuentelsaz, L., Maicas, J.P. and Montero, J., 2018. Entrepreneurs and innovation: The contingent role of institutional factors. International Small Business Journal, 36(6), pp.686-711.
Inman, P., 2019. Is a global recession imminent? Retrieved from https://www.theguardian.com/uk-news/2019/aug/25/is-a-global-recession-coming-here-are-seven-warning-signs
Study Document
Public Health Inconvenient Truth
… (Majestic, 2009).
Changes in the public health landscape
Various changes in the current public health sector can mostly be attributed to the recent economic crisis, which has forced the government to cut the public health budget continually. Along with budget cuts come new and deadly diseases (COVID-19, ……
References
References
Johnson, T. D. (2009). Public health benefiting from private-sector partnerships: Health departments reaping results. The Nation\\\\\\\\\\\\'s Health.
Majestic, E. (2009). Public health\\\\\\\\\\\\'s inconvenient truth: the need to create partnerships with the business sector. Preventing chronic disease, 6(2), A39.
Study Document
The Time Value Of Money
… housing bubble popped. In short, cash may lose value of time—but other assets can lose value quickly and all at once in market downturn.
For this reason, diversifying one’s investments are necessary. As Northwood and Rhine (2018) point out, “having access to mainstream financial services can help” ……
References
References
Cook, L. A., & Sadeghein, R. (2018). Effects of perceived scarcity on financial decision making. Journal of Public Policy & Marketing, 37(1), 68-87.
Northwood, J. M., & Rhine, S. L. (2018). Use of bank and nonbank financial services: Financial decision making by immigrants and native born. Journal of Consumer Affairs, 52(2), 317-348.
Valaskova, K., Bartosova, V., & Kubala, P. (2019). Behavioural Aspects of the Financial Decision-Making. Organizacija, 52(1).
Study Document
Individuals Using Customary Practices In Times Of Crises
...Economic downturn Allen-Meares, P. & Garvin, C. (Eds.). (2000). The Handbook of Social Work Direct Practice. New York, SAGE. This is not a primary source, but the definition of crisis could be used in the proposal.
An assessment of the customary practices utilized by individuals in times of crisis would not be complete without a clear definition of ‘crisis’ in the context of the said practices. In seeking to define the term crisis, the cited authors of the relevant piece in the volume are definite that we must base our perspectives on subjective reality. This is more so the case given that “what precipitates a crisis episode in one individual might not generate such a response in another person” (327). This is true for communities as well. It, therefore, follows that this is an essential resource in the definition of what constitutes a crisis at both the individual and community levels. This……
References
Roberts. A.R. (Ed.). (2005). Crisis Intervention Handbook: Assessment, Treatment, and Research (3rd ed.). New York, NY: Oxford University Press.
Sama’ila, A. (2019). Economic crisis and the coping strategies of indigenous automobile entrepreneurs in northern Nigeria, 1983-2014. Sociology International Journal, 3(6), 437-442.
Study Document
Childrens Amusement Park
… media marketing to increase visibility and connectedness with consumers.
Threats are that because many of the jobs in the region are oil-related, a downturn in the oil markets could lead to a serious depression in the local economy. Furthermore, competition may increase as there is no substantial … is possible that a new park with different features could enter the market and steal the company’s market share.
Five External Environmental Factors
economic. economic factors are currently supportive of the business. Houston is growing but not at a rate that would draw attention from speculators or momentum ……
References
References
Andzulis, J. M., Panagopoulos, N. G., & Rapp, A. (2012). A review of social media and implications for the sales process. Journal of Personal Selling & Sales Management, 32(3), 305-316.
Appelbaum, S. H., Habashy, S., Malo, J. L., & Shafiq, H. (2012). Back to the future: revisiting Kotter's 1996 change model. Journal of Management Development, 31(8), 764-782.
Chyi, H. I. (2005). Willingness to pay for online news: An empirical study on the viability of the subscription model. Journal of Media Economics, 18(2), 131-142.
Douglas, E. (2019). Houston economy to grow bigger, slower than other Texas cities: analysis. Retrieved from https://www.houstonchronicle.com/business/economy/article/Houston-economy-to-grow-bigger-slower-than-other 13903941.php#targetText=The%20Austin%20metro%20area%2C%20which,pace%2C%20according%20to%20the%20projections.
Frederick, S., Novemsky, N., Wang, J., Dhar, R., & Nowlis, S. (2009). Opportunity cost neglect. Journal of Consumer Research, 36(4), 553-561.
Lin, C. F. (2002). Segmenting customer brand preference: demographic or psychographic. Journal of Product & Brand Management, 11(4), 249-268.
Mangold, W. G., & Faulds, D. J. (2009). Social media: The new hybrid element of the promotion mix. Business horizons, 52(4), 357-365.
Teece, D. J. (2010). Business models, business strategy and innovation. Long range planning, 43(2-3), 172-194.
Study Document
Nike S Colin Kaepernick Ad Campaign
… debacle of Big Baller Brand has shown. Athletes want footwear that is high quality and they will not accept substitutes.
General External Environment
economic Opportunities
· The economy appears to be growing under the Trump administration,…[break]…would allow Nike to please both the minority population and the white ……
References
References
About Nike. (2020). Retrieved from https://about.nike.com/
Bartash, J. (2020). Apple’s Covid-19 warning. Retrieved from https://www.marketwatch.com/story/how-much-will-covid-19-hurt-the-us-economy-its-anyones-guess-right-now-2020-02-12
Delventhal, S. (2019). Nike facing challenging dynamics. Retrieved from https://www.investopedia.com/news/nike-facing-challenging-dynamics-goldman-sachs/
Freberg, K., Graham, K., McGaughey, K., & Freberg, L. A. (2011). Who are the social media influencers? A study of public perceptions of personality. Public Relations Review, 37(1), 90-92.
Neikirk, T. (2019). Nike sales are again way up. Retrieved from https://hillreporter.com/nike-sales-are-again-way-up-following-conservative-boycott-40033
Nusser, S., Mahle, I., & Pätzmann, J. U. (2015). How Social Commerce Communication can support Brand Loyalty: An Analysis of Nike‘s Efforts in Facebook Community Management. Markenbrand, (4/2015), 48-57.
Oyedele, A. (2018). Nike surges. Retrieved from https://markets.businessinsider.com/news/stocks/nike-earnings-q4-2018-2018-6-1027328545
Storey, G. (2019). Nike and the importance of meaningful brand values. Retrieved from https://polpeo.com/nike-and-the-importance-of-meaningful-brand-values/
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