What should firms do to better prepare for the two scenarios

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Reference no: EM132231821

Case Study: Two Scenarios of the Global Economy

Must be typed single spaced (minimum of 1000 words), not recapping the case history or repeating the material in the case.

Answer the case study questions below

Bullet points are acceptable as long as they are accompanied by a relevant explanation.

1. Which of the two scenarios is more plausible for the global economy in 2050? Why? How does that affect you as a consumer, as a professional, and as a citizen of your country?

2. From a resource-based view, what should firms do to better prepare for the two scenarios?

3. ON ETHICS: From an institution-based view, what should firms do to better prepare for the two scenarios? (HINT: For example, if they believe in "continued globalization," they may be more interested in lobbying for reduced trade barriers. But if they believe in "de-globalization," they may lobby for higher trade barriers.)

Must use the attachment which is the article and powepoint is the charts.

Information related to above question is enclosed below:

Attachment:- casestudyglobal.rar

Reference no: EM132231821

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