Explain any additional supply chain challenges

Assignment Help Operation Management

Reference no: EM132325443

Revise your Week 3 assignment, Research Analysis for Business, using the feedback provided by your facilitator. This Week 6 report should only include one conclusion, so you will need to rewrite the conclusion you included in your Week 3 assignment.

Select a foreign market in which to expand your chosen product. If you wish, you may use one of the countries your team analyzed in their Week 5 Comparative and Absolute Advantage assignment.

Prepare a minimum 1,050-word report addressing the points listed below. The use of tables and/or charts to display economic data over the time period discussed is highly encouraged, you may submit any economic data in Microsoft Excel format in a separate file. You may use the U.S. Department of Labor's Bureau of Labor Statistics (BLS), U.S. Dept. of Commerce's Bureau of Economic Analysis (BEA), the Federal Reserve of St. Louis's FRED data, the CIA World Fact Book, World Bank data, and World Trade Organization, or other appropriate sources you might find on the Internet or in the University Library. The new sections of your report should:

Evaluate current global economic conditions and their effects on macroeconomic indicators in your selected country. Provide forecasts for population growth, gross domestic product (GDP) growth, GDP per capita growth, export growth, and sales growth.

Evaluate any competitors' existing production in the chosen country.

Assess sales forecasts in the selected country by using the Federal Reserve of St. Louis's FRED data, the CIA World Fact Book, World Bank data, World Trade Organization, or other appropriate sources you might find on the Internet or in the University Library.

Categorize the type of economy that exists in your selected country as closed, mixed, or market. What is the difference between these types of economies and how might this affect your expansion?

Assess how your chosen country's current credit market conditions, especially interest rates and the availability of financing, affect demand for your product or service and your planning or operating decision for your production in that country.

Analyze the role of the selected country's central bank on that country's economy.

Compare the availability, education, and job skills of the work force in the selected country. Discuss any additional challenges of international production, such as political stability, availability of government financing or other incentives, threat of capital controls, and exchange rate risks.

Explain any additional supply chain challenges you anticipate if attempting to make your product in your chosen country and selling the product in other countries.

Based on the data gathered and analysis performed for this report write a conclusion in which you:

Create business strategies, including price and non-price strategies, based on your market structure to ensure the market share and potential market expansions and explore global opportunities for your business in a dynamic business environment and provide recommendations.

Develop a recommendation for how the firm can manage its future production by synthesizing the macroeconomic and microeconomic data presented.

Propose how the firm's position within the market and among its competitors will allow it to take your recommended action.

Recommend strategies for the firm to sustain its success going forward by evaluating the findings from demand trends, price elasticity, current stage of the business cycle, and government.

Recommend any comparative advantages your company will have over competitors currently operating in that country, and defend your position, either for or against, expanding your company's production into your chosen country based on your research.

Integrate with the Week 3 individual assignment, and incorporate corrections and suggestions from the instructor's feedback. The final report should be a minimum of 2,800 words.

Attachment:- Research Analysis for Business.rar

Reference no: EM132325443

Questions Cloud

Prepare report identifying the top-ranked ERP system : Prepare a report identifying the top-ranked ERP system where you work or for another organization with which you are familiar.

Increased international tourism forecast : What might be an obstacle to the optimistic projections of increased international tourism forecast in this chapter?

Operations and supply chain controls and measurements : Operations and supply chain controls and measurements include forecasting methods for managing supply chain. Discuss forecasting methods-models for managing

Financial and quantitative data in decision-making process : Analyze financial and other quantitative data in the decision-making process. Leverage diversity to optimize performance in the global marketplace.

Explain any additional supply chain challenges : Explain any additional supply chain challenges you anticipate if attempting to make your product in your chosen country and selling product in other countries

Describe the current evaluation models in HPT literature : Describe the current evaluation models in HPT literature. Describe the theoretical variables for comprehensive performance evaluation.

String and weight as protected members : Define a Pet class that stores the pet's name as a C++ string and weight as protected members.

Computer can be programmed to carry out different tasks : Is an iphone or android phone a single-function device, or is it a programmable computer?

Why is it important to protect organizational assets : Why is it important to protect organizational assets against malware? What tools other than the ones provided by Microsoft can help fight against malware?

User Account

All Pages