Reference no: EM131194399
During our first class I presented a list of 18 domestic and global factors that impact an economy and companies/organizations within the economy. Select any three factors from this list and explain how they have impacted your company/organization and what, if any, strategic decisions have been made to address these three factors. Focus on strategic decisions such as
You can consider either NACCO Industries or New York Life Insurance Company
18 factors:
1. monetary policy
2. Fiscal policy
3. psychology of consumers and producers'
4. Availability of critical resources
5. Research and development (Innovation)
6. Domestic and global economic polices
7. inflation/Recession
8. Currency exchange rates and trade policies
9. Emerging economic and political strength of other nations.
10 Advances in technology
11. War/peace
12. Degree of Regulation.
13. Politics and special interests
14. Population growth
15. Distribution of the population
16. Luck or misfortune
17.cyber security
18. Unions.
Product development and positioning in the market
Corporate expansion or downsizing
Marketing and sales strategies
Cost reductions
Outsourcing
Demand and pricing decisions
Any other strategic aspect
|
Discuss how to close a recessionary gap
: Discuss how to close a recessionary gap. Discuss how to close an expansionary gap. What is the target and what happens if the policy "over-shoots?" What happens if a president tries to lower the unemployment to win the election? Did this ever happen?..
|
|
Conpect of investment in human capital and financial capital
: The concept of investment in human capital and investment in financial capital and how it is useful in the context of economic growth analysis. Clearly discuss both the negative externalities and positive externalities that result from the economic g..
|
|
What are the three tools of monetary policy
: What are the 3 tools of monetary policy? The FED is facing a problem of inflation. What policy should be used? How would each of the tools at the FED’s disposal be used? Be Specific. If a student deposits a $600 tax refund and the required reserve ra..
|
|
What must have been its annual rate of economic growth
: Refer to the figure below and assume that the combined consumer goods + capital goods values for points a, b, and c are $20 billion, $40 billion, and $36 billion respectively. If the economy moves from point a to point b over a 10-year period, what m..
|
|
Domestic and global factors that impact an economy
: During our first class I presented a list of 18 domestic and global factors that impact an economy and companies/organizations within the economy. Select any three factors from this list and explain how they have impacted your company/organization an..
|
|
Most admired-people management and quality of products
: Each year Fortune magazine publishes a "Most Admired" list of the top companies in the United States. Firms are rated on these eight dimensions: innovativeness, quality of management, long-term investment value, social responsibility to the community..
|
|
Discuss other marketing research related activities
: For airports that attract many business travelers, marketing research related to the size of nearby businesses and any new development can prove very successful to assess future demands. Discuss other marketing research related activities that could ..
|
|
Plot profit for first seven teddy bears that alex produces
: Suppose Alex runs a small business that manufactures teddy bears. Assume that the market for teddy bears is a competitive market, and the market price is $25 per teddy bear. Use the blue points (circle symbol) to plot total revenue and the green poin..
|
|
What is the equivalent single-sum amount at the present time
: A father wants to save for his eight-year-old son's college expenses. The son will enter college 10 years from now. An annual amount of $30,000 in constant dollars will be required to support the son's college expenses for four years. What is the equ..
|