The question of “why economics” is one that is most often asked by those who do not understand the motivations of the individual. Yet, in order to understand my motivations, it is necessary to go back to the beginning. My roadmap to entry into the corporate world started the first...

H.J. Heinz Co. the world's largest ketchup producer 1 has a global market share including the U.S. Focusing on the U.S., Heinz markets its ketchup in various ways hence creating some kind of comparative advantage over other suppliers. Heinz supplies its ketchup to restaurants including those of Wendy's International Inc....

Visual impact is any change, positive or negative, that one observes in the view of the landscape. Visual impact gives the first impression of the objects in view. In essence, visual impact can affect the decisions of an individual. The landscape has to be appealing to the eye for it...

The centrally planned socialist economy and the market capitalist economy arguably represent two antipodal positions with regards to how economics should be carried out in practice. In sum, the key difference between the two is that the latter commits to the autonomy of the market for economics, whereas the former...

One of the advantages of market capitalism is efficient allocation of resources due to a major role played by the forces of demand and supply. Market capitalism also promotes hard work since individuals can reap the rewards of their labor. Market capitalism also encourages risk taking due to the potential...