Do Credit Problems Lead to Bankruptcy Essay -- essays papers

Do Credit Problems Lead to Bankruptcy The reasons we as Americans buy on credit varies, but without it most of us would probably never be able to purchase necessities such as a home or automobile. The nation's economy depends on credit; the promise to pay later for goods and services used today. But along with consumer credit comes consumer debt. With the rise in telemarketing and commercializing in America it is no wonder why Americans feel the impulse to buy now, pay later. The most common form of consumer debt is installment debt, which is when a consumer borrows the money to purchase an item and agrees to repay the loan in equal installments over a fixed period of time. Without installment debt most consumers could not afford to purchase items such as a home. The truth of the matter is that we, as Americans, tend to want to purchase more than we can afford to purchase when we want it. But, we can afford to pay it out, over time, in fixed payments. Mortgages, a debt owed on real property, are the latest form of installment debt. Other forms include automobile loans and credit card purchases. Just pick up the newspaper any time after Christmas and you will find articles on managing your mounting debt from Christmas. Not realizing the extent of the consumers' debt is one of the most common types of credit problems. Denial may play a partial role in this problem, but the lack of education seems to be the largest reason for consumer debt. Cre...

Advertising and Advertisement Contributes Essay

A story of mine come immediately to my mind. once I wanted a pair of slipper, but after entering the supermarket, I was shocked for there were thousands of brands of slippers. eventually, I chose LULU which was the only brand I’d ever seen on the television. according to a well known sociologist, and I paraphrase, without advertisement, consumers and merchants both lose something, which is to say that consumers lose the opportunity to obtain the one suit them most and merchants may lose their potential customers. aturally, it is significant to advertise for the firms. meanwhile a recent survey conducted by sina. com will make this point valid and convincible. the sales volume of a certain product doubles since its manufacturer advertise on a TV program. for most of time consumers don’t know their real requirement at all, so their needs to a certain kind of product is influenced greatly by the advertisements. for instance, my mother went shopping one day in order to buy some milk and vegetables, nevertheless she came back home with a pair of trousers†¦ n her words, just because she ever saw it on a magazine. in addition, one of my classmates used to buy whatever he is interested in on. EBAY. com for about 2 times a week. considering the enormous advantages for manufacturers, advertisement has the necessity to remain. each coin, however, has its two sides. rare as the drawbacks of advertisement are, they do exist. some small companies completely rely on the boasting advertisement to attract consumers. in order to make the advertisement to be credible, they invite he celebrities, make special good effect, and even film to publicize their production. unfortunately, consumers are always wise enough to distinguish a fair publicity from one with exaggeration. Hence, those companies are bound to suffer the tremendous cost of advertising without benefiting from it. to sum up, the merits of advertisement for corporations far outweigh its defects. thus, i strongly advocate that advertisement contributes to the amplification of the profit of enterprises and should be retained.

Corporate Social Responsibility Of Qantas And Wesfarmers

Introduction of Two Companies :- The main concept of my assessment is to research about the two companies which take cares of two different industries but are located at one place or the same industry but located at different countries. As a group we chose Qantas and Wesfarmers both from Australia. The industries are different but the countries they are running in in same. I would like to decribe the vision, mission and values of these two Organisations and morovr about their Corporate Social Responsibility. Qantas and wesfarmers have broadcasted their social reports on their particular websites. Wesfarmers as Australia’s largest private sector employer having total employees of in number 210000 and have shaeholders roughly 500,000. They do business with one objective i.e. to provide satisfactory returns to their shareholders. The aim of the company is to deliver the needs and wants of the customer, executing a healthy and protected environment for employees, with rewards and delivering opportunities for the progression, placing a strong prominence on protection of the atmosphere as total and performing with reliability and fairness when trading inside out of the Orgnisation. Qantas as a Queensland based in 1920, airline segment company aims to be the Australia’s principal domestic and International airline. With sub company running under Qantas, like jetstar which is known to as cheap domestic and international flights and Qantas express ground clerance which take cares of