New product or service to an existing division

Assignment Help Managerial Economics

Reference no: EM133689050

Assignment: GUIDES Workshee

Overview
In Assignment 1, you will learn how to collect economic data, using Economic Indicators that are readily available to consumers online. Economic Indicators are key statistics or metrics used to study the status of the overall economy, industry segments, and specific companies.

To help you learn how Economic Indicators work, JWMI has created a Worksheet, called GUIDES, which will take you step by step through the process of collecting the data needed for Assignment 1.

You will use the Worksheet provided to research key economic information about TWO countries: a target country that you select and your home country. The target country is a potential overseas location for your current company (or a company of interest).

In order to achieve this expansion, you will select ONE of the following strategies:

Entering into a new market in the target country; or
Increasing the size of an existing division located in the target country; or
Adding a new product or service to an existing division located in the target country.
For most students, your home country is the United States, but for international students, it is your country of residence. Exceptions are possible if you have a unique situation - contact your Professor.

Use your current company and its industry for context. If your company is not currently operating globally, imagine that it is considering entry into one of the markets below. It is your task to assess the economic conditions in relation to your company's unique profile and needs, so as to assess whether expansion into the potential overseas market makes sense for your business.

Choose ONE of the following countries as the target country for this assignment:

Bahrain	Japan
Brazil	Mexico
Chile	Russia
Ethiopia	South Africa
Germany	South Korea
Hungary	Thailand
India	Turkey
Ireland	United Kingdom

Instructions
Download and save your GUIDES Worksheet Download Worksheetin Week 1. Complete the entries in the six required sections of the GUIDES Worksheet during Weeks 2 and 3. As an optional exercise, feel free to add economic indicators that are relevant to your industry.

All the required data can be found on the Trading Economics and/or the other websites below:

Access the Trading Economics website
Access the World Factbook website
Access the Federal Reserve (FRED)

WEEK 1: Download and save your Worksheet

Download and save your GUIDES Worksheet Download Worksheetas an MS Word document
Use this format for your filename: LastName_FirstName_JWI515_GUIDES_Worksheet.docx e.g. Doe_John_JWI515_ GUIDES_Worksheet.docx
WEEK 2: Complete the following sections of the Worksheet

Section G (GDP & Growth)
Section U (Unemployment & Utilization)
Section I (Inflation & Interest rates)
WEEK 3: Complete the following sections of the Worksheet

Section D (Debt & Deficits)
Section E (External balances & Exchange rates)
Section S (Savings & Investment)
Instructions
You will usethis Worksheet to collect your data in the form of Economic Indicators for two Countries. There are six sections that you need to complete: G, U, I, D, E, and S. When they are all complete, you will be ready to submit the Worksheet document as Assignment 1.

I. Follow these steps to save your GUIDES Worksheet document:
Note: The GUIDES Worksheet is a standard Word document
• To save the worksheeton your computer for use in Assignment 1, complete the following steps:
o Go to File > Save As
o Choose your Destination (a folder on your computer)
o Name your document as shown below and then click Save
• Use the following format for your filename: LastName_FirstName_JWI515_GUIDES_Worksheet.docx
o e.g. Doe_John_JWI515_ GUIDES_Worksheet.docx

II.Follow these steps tocollect your data:
• Enter your two Country names at the top of each page
• Use theTrading Economics website website as your primary source to find your data.
You can also use these sites for indicators not reported on the Trading Economics site:
o FRED
o World Factbook
• Enter your data and notesin the Worksheetby clicking into the cells with the Latest Entry, Trend, and Healthy Trendlabels
• In the Healthy Trend Y/N Why? column, you may delete the Yes/No choice that is not correct, or you may highlight the correct one.

Reference no: EM133689050

Questions Cloud

Describe various violent clashes between labor-management : How does the term "Gilded Age" characterize American society in the late nineteenth century? In what ways is this characterization accurate or inaccurate?

Discusses the health impact of sleep : The Health Nerd video discusses the health impact of sleep. The Health Nerd video discusses the health impact of sleep.

What are your projections for the growth of the market : What are your projections for the growth of this market? What are the behavior factors that will influence your decision-making?

Development of thrust is sign of immunological condition : The nurse understands that the development of thrust is a sign of which immunological condition?

New product or service to an existing division : Increasing the size of an existing division located in the target country; or Adding a new product or service to an existing division located in the target

What factors place individuals at risk for developing SUD : Discussion Prompts What factors place individuals at risk for developing an SUD? What factors are most protective?

What role does hydration play in preventing complications : What role does hydration play in preventing complications like kidney damage in athletes with sickle cell trait?

What affect does stigma have on mental health care : What affect does stigma have on mental health care? Discuss possible barriers an individual may face due to a mental health problem

Concept of predestination influenced his followers toa : Calvin's concept of predestination influenced his followers toa. submit unquestioningly to political authority, even if it violated the laws of God.

User Account

All Pages