inglese |
THE
The
It is divided into 50
states;two of them,
The capital
of
The flag is very known and it is also called 'strips and stars'. In fact there are 50 stars which symbolise the 50 states and 13 stripes which symbolise the first 13 states that were colonised by English people.
This country is so big that it passes though 5 time
zones: Eastern time, Central time, Mountain time, Pacific and Alaskan time.
This means that the difference between the time in
PHYSICAL FEATURES:
The
PLAINS
The Atlantic Costal Plain runs down the east coast,
from New England in the north to the Mexican border(New England is the part
which was colonised by the English fathers;they came by a ship called May
Flower). In this area there are some important cities such as
The Interior Plain stretch along the Canadian border
from the Great Lakes and
The former
is very important is crossed by many rivers and so the soil is very fertile and
rich and it includes the
The second
area is situated in the north and it is the main wheat-producing region, infact
it is also known as the' bread basket' of the world. More over this area is
also famous for two important manufactory areas: in
The Pacific Slope is situated in the west coast and
includes
* silicon is used to make 'chips'
MOUNTAINS
The Appalachian Mountains is the most ancient range of
The North America Cordillera is a vast
series of mountain ranges which run from the Great Plain on the south to
The Grand
Canyon, in
RIVERS AND LAKES
In the
The Rocky Mountains are also
called as 'continental divide' because they divide the country and the
consequence is that rivers east of Rocky reach the
Lakes along
the Canadian border there are 5 huge lakes, the Great Lakes and they are
Huron,
CLIMATE
Because of the vastness of
the country there are different climate. Almost tropical in Florida and
Louisiana;artic in Alaska;very cold winters and very hot summers in cities like
NY and Chicago(less than 20, from
POPULATION
About 300 million people live in USA at present on more or less 9million800thousend squared km of land which means that the average population density is around 33 people per sq km. but density is not the same in all states:California has the highest density(ab 200 people per sq km) followed by Texas and State of NY.
There are a lot of 'megalopolis' in here which means that a city have spread too much and it has taken over other cities. The cities are closed to each other. These megalopolis are 3:
>Boswash, which
stretch from
>Chipitts, the
major industrial area which includes the area from
>Sansan, from
In 2000
NAFTA north
A lot of people decide to
move in
to find better job
opportunities and conditions. For ex if a person is unemployed,
or if he wants improve its working condition, have a higher salary. For example
in some countries workers are exploit and there is not a trade union it
is set up to reserve workers' ,
if a worker has a complaint, he can go telling to the trade union. It has a lot
of responsibilities, it is workers' representative. Or another reasons is that
in that country there is a lack of know-how and a person can improve his
skills in new technologies by moving in
to study. To study the language, to widen the knowledge of the language or to find better universities which have more advanced and updated programs;
for political reasons. If a person is not satisfied with his government, with the services it provide, if there is not freedom of speech, of the press, of worship. Or if there are racial and religious persecutions. In fact nowadays there is still a large migration - from eastern countries or undeveloped countries - to develop countries, but some of them are graduated, while our migrants were illiterate.
Since the 9/11 attack the rules concerning visas and newcomers have become stricter because the government has decide:
it is more difficult to obtain a visa;rules concerning visas are strict;
there are tree times more Border Patrol, Customs and inspector along the Canadian border;
in the past the term 'terrorist' meant the person who committed the attack, but now this is changed, 'terrorist' is not only who makes the attack but also anyone who provides support to terrorist organisation, regardless the type of support. For ex the person who makes the bomb is also a terrorist;
to re-examine the Visa Waiver
according to citizens of 29 countries could enter in
to raise fees for tourist visa to cover the cost of more security.
These measures have been taken because of the 9/11 attack, but also to prevent further attacks. Now in fact it has become harder to get into the 'melting pot' which means a place where immigrants from different cultures form an integrated society. (alchemists melt different kinds of metal to crate gold).
More over people have become more frustrated at the security check points because they have to queue a lot that/while all security operations are carried out: there is a first control which takes about 30 minutes, then some passengers can be selected for a second screening even if they show a us passport and then they have to wait to collect their luggage and finally there is a second inspection. This happen to immigrants, while business people, students, tourists have no problem as their documentation is valid.
TYPES OF BUSINESS UNITS
SOLE TRADER
A sole trader is the easiest and cheapest type of business to set up. There is a single person who runs his own business. He has an unlimited liability which means that he is entirely responsible for his own business debts, so he is economically bound to something. If the business goes bankrupt he may lose personal assets such as his house,car ecc . typical sole trader are shop owners, taxi driver ecc .
There are several adv and davd to being a sole trader:
>The owner is the only boss, he can decide to do whatever he wants |
>He can lose his personal assets because of the unlimited liability |
>Profits are not shared with no one |
>There are not many financial resources as he is the only one who can provide capitals |
>Decisions can be made quickly because he is the only who can takes decisions |
>There is nobody to share the workload |
>The owner knows his employees and customers well because it is a very small business |
PARTNERSHIP
A partnership is a legal agreement between at least 2 up to a maximum of 20 person, to set up a business together and share the responsibility for managing it. The initial capital investment is made by all partners. Partnerships are common among doctors, accountants, solicitors.
There are two types of partnership:
Unlimited partnership all of the partners are liable for the debts of the firm and if the business goes bankrupt they may lose personal assets because they are all financially responsible. The risks of running the company are shared among partners.
Limited partnership there are two types of partners: limited or sleeping partners who contribute only capital to the business and they have not an active role in the running of the business and for this reason they are liable only for the amount of money they contribute. They don't take part at decisions, they don't run the business and they don't decide strategies; and there must be at least a partner who is unlimited liable at it is called general partner. This person takes decisions and run the company as he risks his personal assets while sleeping partners not.
There are several adv and dadv to partnerships:
>Risks and responsibilities can be shared between partners |
>Profits are shared between partners |
>Each partners may specialise in their own area of the business |
>The decision-making process can be slow because partners can disagree and so a lot of time can be wasted in . |
>More finance and deals can be raised because there are more owners investing in the business with their money |
>A partnership is terminated when a partner dies and therefore the process of forming a new p has to be undertaken |
LIMITED COMPANIES
A limited company is owned by shareholders - a share is a part of the capital- who are investors who have bought shares in the company. Any profit made by the company is divided among the shareholders in proportion to the capital they contributed. These payments are called dividends. All shareholders have a limited liability. They are liable for their original investment, so if the company goes bankrupt their private possessions will not be touched. Shareholders cannot take decisions in the running of the company. It is the directors elected by them at the Annual General Meeting (AGM) that control the decision-making process.
Private limited company |
Public limited company |
>It has between at least 2 shareholders and the maximum is 50 |
>It has at least 2 sh but there is not upper limit on the number of sh |
>It is usually a small company |
>It is usually a very big company |
>It must have 'ltd' after its name. It stands for 'limited' |
>It must have 'plc' after its name. It stands for 'public' |
>It buys and sells its shares privately in fact . |
>It can be quoted on the stock exchange therefore the shares can be sold to the public |
>it cannot be quoted on the *Stock Exchange |
|
>A shareholders in order to sell its shares must ask the permission at the others sh because the price of the share can decrease and the capital of the company is reduced |
>It can sell its shares without restrictions** |
The Stock Exchange is a market where companies' shares are bought and sold.
A shareholder cannot go to the SE by his self to buy or sold shares, it on behalf of a broker, a person who can access the SE and buys and sells shares for companies.
COOPERATIVES
A cooperative is a business unit owned and run by its members. All members have a vote, they all have the opportunity to give their opinion regardless of the capital they contribute. This means that no one member can dominate. More over all members have limited liability. This type of business unit is no profit, which means that if there is a profit it must be reinvested.
There are tree types of cooperatives:
Workers cooperatives they are created by employees because the company for which they worked previously had financial problem and so they have decided to buy this company and run it together;
Retail cooperatives they are set up when small shop keepers join together to buy in bulk from manufacturers in order to get better discounts and lower prices;
Producer cooperatives a group of people invest money in the setting up of a factory which will buy raw material they produce and use it to make a finished product.
FRANCHISING
A franchise is the authorisation given by a company, the franchisor, to another business, the franchisee, to sell its goods or services in certain geographical area. In fact the franchisor decides where its new outlet must be set up. In return the franchisee pays the franchisor a fee + a percentage of its profits.
The benefits for the franchisors are that:
They create a network of distribution outlets without investing capitals;
They receive an initial payment from the franchisees and a percentage of their annual profits;
The franchisees are generally highly motivated and work hard to make the franchise successful.
The advantages for the franchisees:
They acquire a well-known product, trading name and reputation;
They receive marketing support, training and commercial advices from the franchisor in fact the franchisor take care about training the staff, it carry out advertising and marketing and find always new strategies.
Franchising reduce the risk of failure because the franchisee is supported by the successful of the franchisor and its brand name.
The franchisor is a company or a sole trader which has set up a well-known business and, under payment, let a person to open a shop in order to sell its products.
The franchise is the willingness of a company to let another person to use its trade market which is really famous.
TAKE OVER, MERGER AND JOINT VENTURE
Many companies try to grow by taking over or merging with existing business.
A TAKE OVER happens when one company, called the holding company, buys enough shares in another c, them target company, to acquire the control of it. Usually the holding c buys a minimum of 50%+1 of the target c shares. But when the target c is not willing to being taken over, there is an hostile takeover but the t.c. has no enough power to stop the h.c.
A MERGER takes place between two companies trough their agreement. Infact the main different between a takeover and a merger is that in the T there is any agreements between the 2companies, while in the M there is it.
There are tree types of merger/takeover:
Vertical integration involves the integration of firms that are at different stages of production in the same industry so there is a company which decides to join together with another company which runs its business in another sector.
For ex: a company which grow some crops such as potatoes and acquire a firm who transform potatoes in chips and also set up a shop or an oil company may acquire oil refineries and it may also take control of filling station.
Horizontal integration happens when firms which run their business in the same sector decide to join together and so work together.
For ex: a merger between two banks
Lateral integration involves the integration of two companies with completely different business activities.
A joint venture happens when two or more companies collaborate in a separate business project, but it is not a merger, they only join together in order to carry our a specific activity. is the collaboration of two separate business on a single project.
MULTINATIONALS-TRASNATIONALS
The term of 'multinational' have changed in 'transnational' which is the idea that these companies exist in different nations but with their strategies they can pay less taxes.
A multinational is a company which has its headquarter is in one country and carry out its business activities in other countries.
They have developed because:
They can gain from low-cost labour and cheap raw materials in low wage countries. This let the multinational to cut production costs and make its products more competitive;
By setting up their business in foreign countries they can often avoid trade barriers which consist in all strategies used by nations to protect their home production;
By diversifying into different countries' markets they are able to spread risk because if a company which is part of the multinational doesn't make profits or goes bankrupt, the other companies of the group can cover this with their profits and so the holding doesn't lose anything.
There are several adv and dadv for the host countries:
>They provide jobs and therefore reduce unemployment |
>Profits don't remain in the host country, but they are sent to the home country |
>They introduce new ideas and new technologies and more successful work practise know-how |
>Because of their size and power they can exert strong political pressure in the host country |
>They provide work also for local suppliers and services |
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>Exports are increased by multinational's overseas efforts |
>They cause local unemployment if they close down the business |
>Imports are reduced as goods that were not previously produced in the host country are not available |
>They may exploit the local labour force because they operate with low health conditions and without pollution control and also this people are unpaid |
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