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Business & Economics Challenges and SolutionsThe following are a list of business & economics challenges and solutions. Click on a heading to read the full description of the challenge, add a solution or comment, and rate the challenge importance. Submit a new business & economics challenge by clicking on the Add a Challenge button. The most popular business & economics challenge are listed first. Voting on a challenge may move it up or down on the list. The Current Economic Crisis in AmericaSolutions (7) Comments (4)We are all familiar with the current situation for the country, the President Elect Barak Obama wants to invest the stimulus package in Highways and government buildings to be more power efficient, is... Marketing AccessibilitySolutions (14) Comments (1)We find ourselves in a situation similar to other civil rights movement. The benefits of joining our cause are as practical as they are idealistic. Many more people have disabilities than many people... Bank don't give loans to starting businessesSolutions (10) Comments (1)I live in the Netherlands and the banks here are supported by the government. But when you try to get money to start your own store or something like that, you get a negative answer. Young adult workaholics are pawns of a corporate culture that pushes work-a-holism.Solutions (7) Comments (3)Without regard to health and happiness of the people, corporate culture seems to take the position that work comes first, any personal or family activities should take a back seat when work needs to ... Copyright barriers to transfer of knowledgeSolutions (1)Analysis of the economic impact of granting protection to intellectual property rights is highly complex and contentious. International protection of intellectual property rights (IPR) can be expected... Bank fraudWidespread fraud in the USA savings and loan institutions during the 1980s is complicating government attempts to rescue thousands of institutions declared insolvent. In 1990 it was estimated that 60%...Disruption of financial marketsSolutions (2) Comments (1)Stock market declines and even crashes are the result of more investors offering stocks for sale than offering to buy stocks. Investor sell stocks because they believe that their price will decline or... StrikesSolutions (4)Disputes involving the labour force that result in collective work stoppages are a grievous source of economic loss that can occasion irreparable harm. One form of collective work stoppage is strikes.... Low wage workers in the US working 2-3 jobs, yet scarcely able to pay the billsSolutions (5) Comments (8)Many people with low paying, unskilled jobs are working 2 or 3 jobs, just to feed their families and keep the lights on. They are deprived of sleep. They have little or no personal time for doing the... Conflict between capital and labourSolutions (2)Throughout this period, which is by no means yet over, the issue of work has of course been posed on the basis of the great conflict that in the age of, and together with, industrial development emerg... Indiscriminate economic developmentIn the process of development, the natural resource of developing countries are being depleted at an alarming rate. Human pressure on woods, pastures, streams, arable land, flora and fauna is leading ...Restriction of free market competition by transnational corporationsSolutions (1) Comments (1)The nature of transnational corporations dictates certain patterns of behaviour which may restrain competition. While the allocation of markets may be rational from the viewpoint of an enterprise when... CopyrightSolutions (1)Copyright covers the expression of ideas. For the purposes of copyright, piracy is the unauthorized reproduction for commercial purposes of works protected by copyright or similar rights, together wit... Monopolization of technology by transnational corporationsThe global strategy of transnational corporations undeniably generates technological dependence in the host country. For one thing, national firms cannot match the global research and development of a...Frivilous lawsuitsSolutions (4)Sometimes people or businesses sue for unethical reasons. They know that they do not have the law on their side but out of revenge, greed, to cause the smaller firm great financial hardship, or spite,... We have become a culture of sound bites, short attention spans, expecting instant gratification, and are missing out on deeper meaning and understating of the world we live in.Solutions (3) Comments (1)Because of flashy media ads, zippy dialogue on news programs, fast food, instant contact via phone and techie gadgets, and of course instant facts via the internet, we expect instant information, ins... AbsenteeismSolutions (3)By increasing the overall cost of labour, absenteeism accounts for part of the high prices of commodities and services. People may be absent from the workplace for a variety of reasons ranging from ho... Global financial crisisThe instability of the global financial system is such that various explanations have been put forward concerning its expected collapse. At one extreme it is argued that the sheer size of corporate, i...Incompetent judgesSolutions (1)The judges who dispense justice have great power over the lives and liberty of other people but are sometimes inadequately prepared, either because of lack of proper training or because they have been... Investment fraudSolutions (2)International investment frauds may be broadly divided into four categories: container investment, Nigerian oil cartels, Nigerian investment and phantom cargoes. An advance-fee is the most common feat... Commercialization of the airwavesSolutions (1) Comments (3)The USA, like almost all countries, licences parts of the radio spectrum for domestic use, and it reserved chunks for television, satellites, cellular telephones, digital radio and the like. Since the... Executive Pay for Non PreformanceSolutions (3) Comments (1)It hurts the company, the shareholders, and the economy when executives receive high pay when they have failed to preform. Are the solutions to this really that difficult? Corporate control of genetic materialBecause biotechnology has become increasingly controlled by large pharmaceutical, chemical and food corporations, whose ability to research and obtain patents dominates the industrialized world, many ...Domination of economic integration by transnational corporationsThe transnational corporation process of world integration, which concentrates strategic "overhead" in the home countries, creates international dependence through hierarchy as well as through regiona...Migrant labourMany countries increasingly use large numbers of migrant workers, due to the inadequate supply of national labour, the difficulty encountered in filling certain arduous or low paid jobs, or due to the...Alienation in capitalist systemsSolutions (2)Alienation is the fundamental contradiction in capitalism. It occurs primarily in the establishment of ownership and exchange value. These are basic alienations from necessity. The creation of an arti... Lots of Personal Documents & CertificatesComments (1)In the development countries people facing problems by trying to safe their certificates and official letters to get old or lost. If this is happened to any one he will lose manythings sometimes he co... Excessive bank chargesSolutions (2)The fee for wiring a money transfer from the USA to Latin America can be as much as 25 percent of the amount sent and the exchange rate paid by the recipient can be high Proliferation of telemarketingSolutions (5)Junk calls are becoming a regular irritation for many families and businesses. Emergency lines, cellular phones and personnel pagers are also clogged up. Traveller, in particular, resent calling their... Irresponsible Union ActivitySolutions (3)Although Unions have done a lot of good by protecting exploited and abused workers, they have gotten a bad name by not policing themselves. This has greatly reduced their effectiveness. How can unions... Barriers to open publication of research resultsPublishing online accelerates the exchange of research as well as increase the number of people with access to this information. Despite the fact that electronic publication of scientific research is ...Age discrimination in employmentSolutions (2)Some workers experience difficulties on account of their age in keeping or obtaining employment. Although the ageing processes advance at different speeds in different individuals, most people reach t... CounterfeitingCounterfeiting occurs where there is deliberate copying of a product or the packaging, label or its trade-mark. It is the unauthorized use of a legitimate product's commercial presentation or any prot...Unaccountability of international financial institutionsSolutions (1)In 1992, the World Bank decided to continue supporting the Indian Sardar Sarovar dam and irrigation projects, despite overriding calls for a suspension of loan disbursements from Canada, the USA, Japa... Devaluation of moneyThe lowering of a currency's value in relation to the currencies of other countries, especially the strong currencies such as the USA dollar, the Japanese yen and the German mark. Currency devaluation...Green jobsSolutions (1) Comments (2)To create a section/place where everyone can post green jobs in solar, wind etc that they hear or read about in their towns and cities. There is an abundance of workers looking all they need is where ... Unethical patenting of plant genetic resourcesThere is huge ethical concern over patenting; to claim patents on plants is to try to patent parts of creation. The granting of patents concentrates power in the hands of a few, and means the poor and...Abusive traffic in immigrant workersThe deteriorating international economic situation is paralleled by an expanding market of undocumented labour. Workers from developing countries may be induced to migrate by companies and other entre...Cultural traditions blocking business profitSolutions (1)Traditional cultures which emphasis generosity, social equality, strong family ties often prevent the generation of business profits. Family members and friends may demand credit from employees of a s... Biased and inaccurate biology textbooksSolutions (1)A current example results from the political pressures within the predominantly Christian fundamentalist states of the USA where creationists favour the presentation of creation science (as it emerges... Inadequate world calendarSolutions (2)It is widely recognized that the calendar in use today is unsatisfactory for economic, social, educational, scientific and other activities of man The present calendar is essentially that introduced... Sexual harassmentSolutions (2)Sexual harassment varies widely from demanding sex in exchange for a promotion or a job to lewd language or photos in the work place. It includes repeated, offensive flirtations, advances and proposit... Business briberyAlthough bribes and influence peddling have always been part of the international and local business scenes for thousands of years, sophisticated business cheating is on the increase. It is not only t...Patent abuseSolutions (2)Patents provide ownership rights to ways of doing things. Lack of coordination in national practices for awarding patents may result in discrimination against foreign patent applications; and may also... Anti-trust corporate behaviourLiberalization of trade and investment inside and outside WTO has accelerated globalization and, together with technological progress, enabled TNCs to pursue worldwide strategies. Major TNCs now focus...Abusive sales techniquesSolutions (1)Austrian insurance companies began selling foreign currency insurance policies in Slovenia almost immediately following its independence, in contravention of foreign exchange laws and using notorious ... Antiquated regulations in the banking industryInnovation in regulatory and other dimensions of banking policy in most developing countries - and for that matter, in many developed nations - has failed to keep abreast of the innovations in financi... |


