ECONOMICS HUB

 The COVID-19 pandemic has had a number of impacts, causing an economic crisis across the globe. The pandemic has hit businesses hard and many sectors have suffered. A massive shutdown of economic activity, rising unemployment rates and falling income levels have led to an economic collapse across the globe. In response, governments took a series of economic measures to combat the pandemic. These measures include increasing public spending, providing financial aid, deferring debts, lowering interest rates and other measures. There has also been increased inter-country cooperation and global coordination to mitigate the negative effects of the pandemic. Economic recovery after the pandemic also stands out as an important issue. As the normalization process started before the pandemic, the recovery process accelerated in many sectors. However, some sectors are still experiencing major challenges. The pace of economic recovery varies between countries and sectors. Vaccination efforts ...

"5 New Technology Trends and Their Impact on the Economy" The rapid advancement of technology is also affecting the world economy. Among the latest technological trends are virtual and augmented reality, the internet of things, artificial intelligence and blockchain. In this article, we will examine how these trends have an effect on the economy and their future impact.  1.Virtual and Augmented Reality: Virtual and augmented reality technologies have a great potential in sectors such as e-commerce, education, healthcare and tourism. For example, customers can preview products virtually before experiencing them in reality. Similarly, customers can preview products in augmented reality instead of viewing them in real life. 2.Internet of Things: The Internet of Things (IoT) enables physical objects to collect and share data by connecting to the internet. This allows for increased efficiency in areas such as production, supply chain management, and customer service. 3.Artificial ...

 SERVQUAL model is a method used to measure customer satisfaction. This model assesses customer satisfaction by measuring the difference between the customer's expectations and the actual service quality. It uses 22 service quality dimensions that are grouped into five categories: tangibles, reliability, responsiveness, assurance, and empathy. To use the SERVQUAL model to measure customer satisfaction, you need to first measure customer expectations through a survey. Then, you need to measure the actual service quality, which can be done through evaluations by service staff. Finally, you need to calculate the difference between expectations and actual service quality by comparing the mean scores. If the difference is positive, it means customer satisfaction is high, and the service quality should be maintained. If the difference is negative, it means service quality needs to be improved. To improve service quality, you can take measures such as training programs, quality control sy...

 Cryptocurrencies, such as Bitcoin and Ethereum, have been making headlines in recent years due to their rapidly increasing values. These digital currencies use cryptography to secure and verify transactions, as well as to control the creation of new units. Cryptocurrencies operate independently of a central bank or government, and have the potential to disrupt traditional financial systems. The first decentralized cryptocurrency, Bitcoin, was created in 2009 by an individual or group using the pseudonym Satoshi Nakamoto. Bitcoin's design allows for anonymous and irreversible transactions, and its decentralized nature means that it is not subject to government or financial institution control. Since the creation of Bitcoin, thousands of other cryptocurrencies have been created, each with their own unique features and use cases. Some, like Litecoin and Bitcoin Cash, are similar to Bitcoin but with slight modifications to the code. Others, like Ethereum, have entirely different under...

Cost accounting is the process of recording, classifying, and analyzing costs associated with a business. It helps businesses to understand the costs of their products or services, and make informed decisions about pricing, resource allocation, and profitability. There are several key principles that underlie the practice of cost accounting. The first is the concept of cost behavior. This refers to how costs change in relation to the level of activity or output within a business. There are three main types of cost behavior: fixed, variable, and mixed. Fixed costs are expenses that do not change, regardless of the level of activity or output. Examples of fixed costs include rent, property taxes, and salaries for upper management. These costs are often referred to as overhead costs, because they are not directly related to the production of a specific product or service. Variable costs, on the other hand, do change based on the level of activity or output. Examples of variable costs incl...

  HISTORY OF STARBUCKS Starbucks was founded with a great inspiration, and later developed with this inspiration and became a successful company today. While the partners of Starbucks were establishing Starbucks, they were influenced by the moby dick. Starbucks takes its name from the prudent, helpful and coffee-loving starbuck, who is the assistant to Captain Ahab in the novel Moby Dick. common sense and benevolence also represent the company's current policy. The first name of the company was the name of a ship mentioned in this novel, later it became Starbucks, which was also mentioned in this novel. Starbucks draws its inspiration from the Maritime tradition of the old coffee merchants. This is seen in the name and logo of starbucks. For example, the SIREN in its logo is related to this. The SIREN is a sea monster in Greek mythology. The Early Years Welcoming coffee lovers in the historic Pike Place Market in Seattle in 1971, Starbucks had a completely different future 10 years...