Economic Decision-Making and Economic Growth

 

2 parts to the assignment:

Part 1:
GB540M3: Analyze the relationship between knowledge-based economic decision-making and economic growth.

Using a Global Fortune 500 company, you will complete a research paper that summarizes its history, conducts a SWOT analysis, and addresses its future.

Directions

In this Assessment, you will select a Global Fortune 500 company (it cannot be a company you work for) that operates in the United States and in other nations around the world. Make sure it is one you are interested in and has plenty of good sources of information available.

A) Summarize the firm’s history and the economic, social, and political forces that affect it most.

B) Present recent and current operating results (financial performance) data in a table. Evaluate the firm’s current and recent operating results. Analyze the major economic forces that affect the firm. Discuss the key social and major political forces that affect the performance of the firm.

C) Present a brief SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats).

D) Discuss the factors it will need to predict, plan for, and adjust to in the future.

Part 2:
GB540M4: Analyze the relationship between knowledge-based economic decision-making and economic growth.

PC-4.1: Assess the value of multiculturalism and diversity in a global environment.

For this Assignment, you may use a Fortune 500 Company that you have already researched. The focus here is on both domestic (American) and global operations. The Assignment incorporates how the firm functions in different parts of the world and what it can do to maximize its effectiveness as a global organization.

Directions

Begin by reviewing the following websites as resources for your Assignment:

Organisation for Economic Co-operation and Development (OECD). (2017). Economic indicators. Retrieved from http://www.oecd.org/std/oecdmaineconomicindicatorsmei.htm

U.S. Department of Commerce. (n.d.). Key economic indicators. Retrieved from https://www.commerce.gov/economicindicators

U.S. Bureau of Labor Statistics. (n.d.). Major economic indicators. Retrieved from https://www.bls.gov/bls/newsrels.htm

Select 6–10 macroeconomic indicators that are of particular relevance to your firm and explain how they affect the performance of the company.

Outline strategies on how the firm should respond to the changes in the economic indicators with the goal of maximizing revenues in the years ahead.

How have they done in the past?

What is their current state?

What kinds of plans and possibilities do they have for the future?

Is there room for improving what they do?

Should new ventures be added or old ones subtracted?

Then, discuss the firm’s global operations, and their influences on the regional and national levels. You also need to assess the value of multiculturalism and diversity in operating (managing) a company in a global environment.

As you can see, the field is wide open for you to construct your paper in the most relevant way you see fit.

Each part has the following Minimum Submission Requirements:

Each part should be a Microsoft Word (minimum 5-page) document, in addition to the title and reference pages.
Your Assessment should have a coversheet with the following information: Title of the paper, Your Name, Course Number and Section Number, and Date
Respond to the questions in a thorough manner, providing specific examples of concepts, topics, definitions, and other elements asked for in the questions. Your paper should be highly organized, logical, and focused.
Your paper must be written in Standard English and demonstrate exceptional content, organization, style, and grammar and mechanics.
Your paper should provide a clearly established and sustained viewpoint and purpose.
Your writing should be well ordered, logical and unified, as well as original and insightful.
A separate page at the end of your research paper should contain a list of references, in APA format. Use your textbook, the Library, and the internet for research.
Be sure to cite both in-text and reference list citations were appropriate and reference all sources. Your sources and content should follow proper APA citation style. Review the APA formatting and citation style found in the Writing Center.

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