Real estate national overview Essay Example | Topics and Well Written Essays - 750 words

Real estate national overview - Essay Example In addition to, France hosts a number of NATO agencies, which play a significant role in the development of the group. France is an active part of the modernization process of NATO military (Milligan, 14). The state of the national economy of France is that it is stagnating. It is evident through growth, unemployment, and national debt. According to statistics, the economy of France will hit the European Union budget shortage of 2007 (Murphy, 8). The French believes that an intervention can bring the situation under control. The French president believes that an expansive fiscal policy is essential in dealing with the French economy. France has a GDP of $35700 in comparison to other nations in the region (Boyer, Berend & Haba, 19). The economy of France has expanded its horizons when relating various sectors of the economy. The central government has privatized most large companies in France to allow other stakeholders help the nation to develop. On the contrary, the government maintains to play a significant role in some sectors of the economy. The government manages to hold a majority of the shares in industries such power, transport and defense system. France has at least 82 million foreign tourists annually, and it is the most visited country in the world. France leaders are capitalists, and they have maintained a social equity through laws and policies. The unemployment rate in 2008 rose from 7.8% to 10.8% in 2013(Boyer, Berend & Haba, 19). Despite the slow rate of growth in France, the borrowing rate reduced significantly and attracted investors to the country. The demand for housing in France rose due to the massive demand for houses. The increase in interest rates increased the demand for houses in the nation. The availability of long mortgages has encouraged the demand for houses in France. The financial crisis caused a drop in housing projects in France. In comparisons with other countries, there are many similarities when it

Management accountiong Essay Example | Topics and Well Written Essays - 2000 words

Management accountiong - Essay Example asure of two projects, this project favors the project with which has a higher present value though its likely to have a higher initial capital outlay, its not dependable when projects have different capital outlays. It's difficult to calculate as well as to understand and use in comparison with the pay back method or even the returns on the capital employed. Advantages of internal rate of return It considers the time value of money. It takes into account the total cash flows and outflows. It's easy to understand It's consistent with the overall objective of maximizing the shareholders wealth. Limitation of the internal rate of return It involves tedious calculation. It produces multiple rates which can be confusing. 3. ACTIVITY BASED COSTING This is a controlling and a planning tool which allocates costs to products in value chain analysis. It enables the overhead costs to be allocated to the respective product which incurred it rather than using the traditional methods where by the overhead costs were allocated as a percentage of the total overhead costs. It enables the managers to identify the products which incur higher costs therefore to charge them at a higher price or look for means to control these costs. 4. PEST ANALYSIS Political environment: These affect the operations of the business in UK; these laws encourage the existence of free markets where the market forces set the equilibrium hence there is fair competition. This encourages the supermarket to compete at a fair ground with its competitors. Economic environment: this affects the consumer consumption depending with the disposable income; this affects the way in which the supermarket will stock its products. Corporate taxes will also determine the manner in which it will price its products. If the...It enables the overhead costs to be allocated to the respective product which incurred it rather than using the traditional methods where by the overhead costs were allocated as a percentage of the total overhead costs. It enables the managers to identify the products which incur higher costs therefore to charge them at a higher price or look for means to control these costs. Political environment: These affect the operations of the business in UK; these laws encourage the existence of free markets where the market forces set the equilibrium hence there is fair competition. This encourages the supermarket to compete at a fair ground with its competitors. Economic environment: this affects the consumer consumption depending with the disposable income; this affects the way in which the supermarket will stock its products. Corporate taxes will also determine the manner in which it will price its products. If the taxes are very high then this will be reflected in the prices. Technology: the level of technology used in production affects the prices of the products of the supermarket, if the competitors are well off with better technology then are likely to have higher returns if the market prices are equal. Performance related pay is known to improve manager's production due to the fact that they have a budget against which controls them in using the firm resources.