For a long time, Africa has been a center for foreign investment in emerging market enterprises. A new trend, however, is beginning to develop: African…
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Durable goods are defined as a product that “consumers derive the benefit from the purchase of the good over a number of periods … [and]…
I am surprised at the divergence of canned and bottled beer. Now since most beer is sold in cans (my educated guess from what’s on…
The beer world is once again becoming an empire. AB InBev has offered to purchase SABMiller to the tune of $107 billion. The merger will…
Typical examples of so-called “natural monopolies” are the telephone and railway systems. All phones need to be connected and work together to attain the highest…
General Motors, Chrysler, and Ford suffered devastating losses in early 2008 during the financial recession in the United States. Their market…
A relatively recent development in the steel industry is the introduction and proliferation of the Electric Arc Furnace (EAF). This method is particularly useful as…
Note that this plant sits across from a refinery; the ship on the left is two football fields (600″) in length. As big as it…
Bogota, Colombia from the author of the Principles book used by Prof. Hooks. Not just the US…though my sense is that Japan has a dearth…
What is Steel? Globally, steel can be found in a variety of products and structures – from personal vehicles to the Burj Khalifa: the world’s…