Report on RIP CURL Assignment Example | Topics and Well Written Essays - 2750 words

Report on RIP CURL - Assignment Example The report aims at comparing the business communication process of Billabong with Rip Curl, one of the leading organizations selling gifts items in different parts of the world. The business communication process of both organizations is on the similar line because of the impact of globalization and wide arrays of consumers across the world. Over the years, online communication has changed the communication by making it fast and affordable for the masses. It has also helped in reaching consumers of different parts of the world in an effective manner. It needs to be understood that both organizations have been operating in same economies. The Australian economy has been doing well and is considered as one of the highly sustainable economies. Australia has been considered as a hot tourist spot helping Billabong and Rip Curl to be successful in the past as well as in the present. Rip Curl can be considered as a primitive organization with strong focus on direct communication. It has a great mixture of conventional and modern approach towards communication. The information was garnered from wide arrays of sources and resources like journals, website and newspapers that confirmed the communication approach raising problems. Overall, it can be assumed that the organization can only be successful through effective business strategies embedded with an honest and transparent mode of communication. (Roger. (1997) Chap

The assignment should be presented as a Journal opinion article and Essay - 2

The assignment should be presented as a Journal opinion article and address an economic issue of current interest to Wall Street Journal readers - Essay Example This is according to the National Association of Realtors monthly survey on real- estate agents. On the other hand, foreclosing has incorporated selling out at a discount rate to traditional homes. This is because of lenders’ motivation to cut the price and in order to sell fast. In addition, the maintenance of these homes is not up to standard. As a result, a foreclosed property sale can bring down the ‘comps’ involved in appraising the value of other homes being sold in the neighborhood. A survey carried out indicates that, sales from previously owned homes have gone down during the last eight months. The sales were down 7.5% a year earlier, resulting to five consecutive months where sales have dropped below the year earlier level (Timiraos, 2014). Moreover, some of the decline in the existing home sales is because of shrinking supply of distressed homes. To the home sellers and builders, this is good news, unlike for the investors or real estate agents whose living was depended on recycling these properties onto the market. Although the home prices no longer depreciate, traditional sellers have been reluctant in listing their homes for sale. In addition, the building of new homes is still low. The impact of this is that, the homes in the market are not many. The effect of this is that, prices are very high due to the high demand but the homes are less in supply. To the homeowners, this is a great deal but unwelcoming to anyone in search for a house and currently does not possess one. Therefore, even as home sales have decreased, monthly supply of homes is way below the highs of housing bust because there are few homes available to make a choice. The slowing effect of housing market is therefore due to a few homes available for sale, leading to high prices. These gains are the cause of homes being less affordable, particularly after mortgage rates heightened recently.