One clear effect of the recent global economic recession is that it has highlighted the rapidly changing and evolving nature of today’s economy, and the many challenges that will need to be overcome if further recessions are to be avoided. A significant factor affecting business in the modern global environment...

Orangeburg County, South Carolina, is one of the oldest counties in the nation. The largest community in Orangeburg County its the city of Orangeburg, which also functions as the county seat. Orangeburg and other towns throughout the county are relatively small with a focus on agriculture for the economy. The...

The Concept of Classical TheoryThe classical economic theory is based on Say’s Law. Say’s Law asserts that “Supply creates its own demand” (Bortis 5). This is a clear indication that whatever the people produce is all sold. The main question that comes up in the discussion of Classical theory is...

Cash management is one of the fundamental factors of business success. Small and large businesses that cannot develop and use effective cash management models will hardly be successful in the global marketplace. As Beesley (2013) says, "cash flow is the lifeblood of a business and critical in its growth." Therefore,...

The U.S. annual real GDP growth rate was 2.4 percent last year. It was unchanged from the year 2014 when it was 2.4 percent as well though an improvement over 2013 real GDP growth rate of 1.5 percent . This means the U.S. economy is doing well though it may...