1. UOP ECO 561 Entire Course NEW (With Final)
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ECO 561 Entire Course NEW
ECO 561 Final Exam Guide (New, 2017)
ECO 561 Week 1 Assignment Influence of Economics on
Household Decision (2 Papers, 1000 words) NEW
ECO 561 Week 2 Assignment Government Interventions
(Bailout of U.S. Auto Makers) NEW
ECO 561 Week 2 Assignment Government Interventions (Low
Income Support Programs) NEW (2 PPT)
ECO 561 Week 2 Assignment Government Interventions
(Unemployment Insurance) NEW
2. ECO 561 Week 2 Government Interventions vs. Market Based
Solutions NEW ( Low Income Rent Controls and Housing
Vouchers) (2 PPT)
ECO 561 Week 3 Assignment Research Analysis for Business
(GameStop) NEW
ECO 561 Week 3 Assignment Research Analysis for Business
(General Motors) NEW
ECO 561 Week 3 Assignment Research Analysis for Business
(Starbucks) NEW
ECO 561 Week 3 Team Managing Fixed and Variable Cost (2
PPT) NEW
ECO 561 Week 4 Assignment Inflation and Analyses of
Monetary Policies (2 Papers) NEW
ECO 561 Week 4 Assignment Inflation and Analyses of
Monetary Policies Presentation (2 PPT) NEW
ECO 561 Week 5 Assignment Effectiveness of the Counter-
Cyclical Policies (2 PPT, Housing Market)
3. ECO 561 Week 5 Team Assignment Comparative And Absolute
Advantage (2 Papers) NEW
ECO 561 Week 6 Signature Assignment Challenges of Expansion
to a Foreign Location (GameStop) NEW
ECO 561 Week 6 Signature Assignment Challenges of Expansion
to a Foreign Location (General Motors) NEW
ECO 561 Week 6 Signature Assignment Research Analysis for
Business (Starbucks) NEW
4. UOP ECO 561 Final Guide NEW 2017
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1 Which of the following have substantially
equivalent effects on a nation's volume of exports
and imports?
Exchange rate appreciation and domestic deflation
Exchange rate depreciation and domestic inflation
Exchange rate appreciation and a decrease in the
domestic supply of money
Exchange rate depreciation and domestic deflation
2 Which of the following statements best describes
the 12 Federal Reserve Banks?
5. They are privately owned and publicly controlled
central banks whose basic goal is to earn profits
for their owners.
They are privately owned and privately controlled
central banks whose basic goal is to provide an
ample and orderly market for U.S. Treasury
securities.
They are privately owned and publicly controlled
central banks whose basic function is to minimize
the risks in commercial banking in order to make
it a reasonably profitable industry.
They are privately owned and publicly controlled
central banks whose basic goal is to control the
money supply and interest rates in promoting the
general economic welfare
3 Buyers will opt out of markets in which:
there are only foreign sellers
there is inadequate information about sellers and
their products
there are significant negative externalities
standardized products are being produced
4 Pure monopolists may obtain economic profits
in the long run because:
6. of advertising
marginal revenue is constant as sales increase
of rising average fixed costs
of barriers to entry
5 All else equal, a large decline in the real interest
rate will shift the:
investment demand curve rightward
investment demand curve leftward
investment schedule upward
investment schedule downward
6 In order for mutually beneficial trade to occur
between two otherwise isolated nations:
each nation must be able to produce at least one
good relatively cheaper than the other
each nation must face constant costs in the
production of the good it exports
one nation's production must be labor-intensive
while the other nation's production is capital-
intensive
each nation must be able to produce at least one
good absolutely cheaper than the other
7. 7 If the Federal Reserve System buys government
securities from commercial banks and the public:
the money supply will contract
commercial bank reserves will decline
it will be easier to obtain loans at commercial
banks
commercial bank reserves will be unaffected
8 Normal profit is:
the average profitability of an industry over the
preceding 10 years
determined by subtracting explicit costs from total
revenue
the return to the entrepreneur when economic
profits are zero
determined by subtracting implicit costs from
total revenue
9 The term "recession" describes a situation
where:
an economy's ability to produce is destroyed
output and living standards decline
inflation rates exceed normal levels
8. Government takes a less active role in economic
matters
10 If an unintended increase in business
inventories occurs at some level of GDP, then GDP:
is too low for equilibrium
entails a rate of aggregate expenditures in excess
of the rate of aggregate production
is too high for equilibrium
may be either above or below the equilibrium
output
11 The fact that international specialization and
trade based on comparative advantage can
increase world output is demonstrated by the
reality that:
a nation's production possibilities and trading
possibilities lines coincide
the production possibilities curves of any two
nations are identical
a nation's trading possibilities line lies to the right
of its production possibilities line
a nation's production possibilities line lies to the
right of its trading possibilities line
9. 12 In the theory of comparative advantage, a good
should be produced in that nation where:
its cost is least in terms of alternative goods that
might otherwise be produced
its absolute cost in terms of real resources used is
least
its absolute money cost of production is least
the production possibilities line lies further to the
right than the trading possibilities line
13 Why are economists concerned about inflation?
Inflation lowers the standard of living for people
whose income does not increase as fast as the
price level
Real GDP is necessarily falling when there is
inflation
Inflation generally causes unemployment rates to
rise
Inflation increases the value of peoples' saving and
encourages overspending on goods and services
10. 14 Two major virtues of the market system are
that it:
results in an equitable personal distribution of
income and always maintains full employment
results in price level stability and a fair personal
distribution of income
allocates resources efficiently and allows
economic freedom
eliminates discrimination and minimizes
environmental pollution
15 Suppose you have a limited money income and
you are purchasing products A and B, whose prices
happen to be the same. To maximize your utility,
you should purchase A and B in such amounts that:
the income and substitution effects associated
with each are equal
their marginal and total utilities are proportionate
their total utilities are the same
their marginal utilities are the same
11. 16 Macroeconomics approaches the study of
economics from the viewpoint of:
governmental units
the entire economy
individual firms
the operation of specific product and resource
markets
17 Mrs. Arnold is spending all her money income
by buying bottles of soda and bags of pretzels in
such amounts that the marginal utility of the last
bottle is 60 utils and the marginal utility of the last
bag is 30 utils. The prices of soda and pretzels are
$.60 per bottle and $.40 per bag respectively. It can
be concluded that:
Mrs. Arnold should spend more on soda and less
on pretzels
Mrs. Arnold is buying soda and pretzels in the
utility-maximizing amounts
the two commodities are substitute goods
Mrs. Arnold should spend more on pretzels and
less on soda
12. 18 The simple circular flow model shows that:
households are on the selling side of the resource
market and on the buying side of the product
market.
businesses are on the selling side of both product
and resource markets.
households are on the buying side of both product
and resource markets.
businesses are on the buying side of the product
market and on the selling side of the resource
market.
19 Assume the reserve ratio is 25 percent and
Federal Reserve Banks buy $4 million of U.S.
securities from the public, which deposits this
amount into checking accounts. As a result of these
transactions, the supply of money is:
directly increased by $4 million and the money-
creating potential of the commercial banking
system is increased by an additional $16 million.
not directly affected, but the money-creating
potential of the commercial banking system is
increased by $12 million.
13. directly increased by $4 million and the money-
creating potential of the commercial banking
system is increased by an additional $12 million.
directly reduced by $4 million and the money-
creating potential of the commercial banking
system is decreased by an additional $12 million.
20 As output increases, total variable cost:
increases at a constant rate
increases at a decreasing rate and then at an
increasing rate
increases continuously at a decreasing rate
increases more rapidly than does total cost
21 The two basic markets shown by the simple
circular flow model are:
product and resource
free and controlled
household and business
capital goods and consumer goods
14. 22 Countercyclical discretionary fiscal policy calls
for:
surpluses during both recessions and periods of
demand-pull inflation
deficits during both recessions and periods of
demand-pull inflation
surpluses during recessions and deficits during
periods of demand-pull inflation
deficits during recessions and surpluses during
periods of demand-pull inflation
23 Because the federal government typically
provides disaster relief to farmers, many farmers
do not buy crop insurance even through it is
federally subsidized. This illustrates:
the moral hazard problem
the special interest effect
the adverse selection problem
logrolling
24 A monopolistically competitive industry
combines elements of both competition and
monopoly. The monopoly element results from:
the likelihood of collusion
15. mutual interdependence
product differentiation
high entry barriers
25 Research for industrially advanced countries
indicates that:
the more independent the central bank, the higher
the average annual rate of unemployment.
the more independent the central bank, the higher
the average annual rate of inflation
the more independent the central bank, the lower
the average annual rate of inflation
there is no relationship between the degree of
independence of a country's central bank and its
inflation rate.
26 The business cycle depicts:
short-run fluctuations in output and employment
the phases a business goes through from when it
first opens to when it finally closes
fluctuations in the general price level
the evolution of technology over time
16. 27 The primary gain from international trade is:
increased employment in the domestic export
sector
increased employment in the domestic import
sector
more goods than would be attainable through
domestic production alone
tariff revenue
28 Contractionary fiscal policy is so named
because it:
necessarily reduces the size of government
is aimed at reducing aggregate demand and thus
achieving price stability
involves a contraction of the nation's money
supply
is expressly designed to expand real GDP
29 If the prices of all goods and services rose, but
the quantity produced remained unchanged, what
would happen to nominal and real GDP?
17. Real GDP would rise, but nominal GDP would be
unchanged
Nominal and real GDP would both be unchanged
Nominal GDP would rise, but real GDP would be
unchanged
Nominal and real GDP would both rise
30 Which of the following will generate a demand
for country X's currency in the foreign exchange
market?
Charitable contributions by country X's citizens to
citizens of developing nations
The imports of country X
The desire of foreigners to buy stocks and bonds of
firms in country X
Travel by citizens of country X in other countries
18. UOP ECO 561 Week 1 Assignment Influence of
Economics on Household Decision (2 Papers, 1000
words) NEW
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Purpose of Assignment
To locate, retrieve, and evaluate the effects of
macroeconomic indicators on your own decision
making.
Assignment Steps
Resources: Tutorial help on Excel® and Word
functions can be found on the Microsoft® Office
website. There are also additional tutorials via the
web offering support for Office products.
Scenario: Consider your last big purchase such as a
19. car, appliances, home repairs, home purchase,
computer equipment, college tuition, or another
"big-ticket" item, which are often purchased using
loans/financing (by borrowing money). Also
consider your decision-making process that led
you to choose a particular make, model, or brand
of the product (or service) you purchased and
whether it was the right time to make the
purchase given economic conditions at the time of
your purchase. While analyzing your decision,
keep in mind everything from interest rates to the
prices of complementary and substitute goods are
driven by human economic behavior.
Develop a minimum 1,050-word analysis of your
decision-making process in which you include the
following:
• Retrieve statistics on Real Gross Domestic
Product (GDP) and on Real Personal Consumption
Expenditures (PCE) by year for the last ten years.
You can retrieve those statistics from internet
sources including, but not limited to, the Federal
Reserve of St. Louis's FRED web site, the U.S.
Department of Commerce's Bureau of Economic
Analysis (BEA) web site, or another credible
source of your choice. Post these statistics in a
single worksheet of an Excel® workbook and
submit your Excel® file with your report. In your
20. report, discuss the latest 10-year trends in both
GDP and PCE. Also discuss how the trends in GDP
compare with trends in PCE. You are encouraged
to include graphs of these statistics in your report;
you could create the graphs in Excel®and copy
them into your report.
• Retrieve statistics on the Effective Federal Funds
Rate and on the Consumer Price Index: All Items
Less Food and Energy by year for the last 30 years.
You can retrieve those statistics from internet
sources including, but not limited to, the Federal
Reserve of St. Louis's FRED web site, the U.S.
Department of Labor's Bureau of Labor Statistics
(BLS) web site, or other credible sources of your
choice. Post these statistics in a single worksheet
of an Excel® workbook and submit your Excel®
file with your report. In your report, discuss how
the trends in the Effective Federal Funds Rate
compare with trends in inflation. If you took out a
loan to pay for your "big-ticket" purchase, what
was the interest rate on your loan? Were interest
rates rising or falling at that time? Were interest
rates relatively high or low at that time? You are
also encouraged to include graphs of these
statistics in your report.
• Discuss the influence of any Federal government
or state government programs, such as tax credits
21. or tax deductions for energy-saving/efficiency
purchases, on your decision to make your last big
purchase; or if government incentives did not
factor into your decision, explain why not.
• Develop conclusions about the economy's
influence on personal and business decision-
making relative to purchases of big-ticket items,
investments, or other major purchases.
Cite a minimum of three peer-reviewed sources.
Note: The Federal Reserve of St. Louis, the Bureau
of Economic Analysis, and the Bureau of Labor
Statistics can be cited to fulfill this requirement.
Format your paper consistent with APA
guidelines.
Click the Assignment Files tab to submit your
assignment. Be sure you submit your paper as well
as the two required Excel® files.
22. UOP ECO 561 Week 2 Assignment Government
Interventions (Low Income Support Programs)
NEW
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The theory of market economies emphasizes
freedom of choice and limited government
intervention. The classic argument for government
intervention is market failure - the inability of the
market economy to correct itself from a
dysfunctional state (such as the Great Depression).
Students will examine articles from the University
library to analyze real-world examples of U.S.
government intervention programs and apply
current week readings to make intelligent
conclusions about the economic policies.
23. Examples of intervention programs you may
select, but are not limited to:
US agriculture support programs
Low income support programs (Food Stamps,
Earned Income Tax Credit, Child Tax Credit, and
Temporary Assistance to Needy Families)
Medicaid, Children's Health Insurance Program,
The Affordable Care Act (Obamacare)
Low-income rent controls and housing vouchers
Government promotion of renewable energy
sources to discourage use of fossil fuels such as
coal and oil
Unemployment Insurance
24. Bailout of U.S. banks and other financial
institutions during the Great Recession
Bailout of U.S. auto makers during the Great
Recession
Social Security retirement benefits
Develop a minimum 10-slide
Microsoft® PowerPoint® presentation including
detailed speaker notes or voiceover including the
following:
Describe the intervention and detail its history.
Analyze the arguments for government
intervention as opposed to arguments for market-
based solutions. Hint: See the information in our
course textbook on market failures.
Examine who may be helped and who may be hurt
by the selected government intervention.
26. required to use, charts/graphs retrieved from the
Federal Reserve Bank of St. Louis FRED web site as
long as the data sources used by FRED to create
those charts are government sources such as the
Bureau of Economic Analysis or the Bureau of
Labor Statistics.
Cite a minimum of three scholarly, peer-reviewed
references.
Format your paper consistent with APA guidelines.
27. UOP ECO 561 Week 2 Assignment Government
Interventions (Unemployment Insurance) NEW
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The theory of market economies emphasizes
freedom of choice and limited government
intervention. The classic argument for government
intervention is market failure - the inability of the
market economy to correct itself from a
dysfunctional state (such as the Great Depression).
Students will examine articles from the University
library to analyze real-world examples of U.S.
government intervention programs and apply
28. current week readings to make intelligent
conclusions about the economic policies.
Examples of intervention programs you may
select, but are not limited to:
US agriculture support programs
Low income support programs (Food Stamps,
Earned Income Tax Credit, Child Tax Credit, and
Temporary Assistance to Needy Families)
Medicaid, Children's Health Insurance Program,
The Affordable Care Act (Obamacare)
Low-income rent controls and housing vouchers
Government promotion of renewable energy
sources to discourage use of fossil fuels such as
coal and oil
Unemployment Insurance
Bailout of U.S. banks and other financial
institutions during the Great Recession
Bailout of U.S. auto makers during the Great
Recession
Social Security retirement benefits
29. Develop a minimum 10-slide Microsoft®
PowerPoint® presentation including detailed
speaker notes or voiceover including the
following:
Describe the intervention and detail its history.
Analyze the arguments for government
intervention as opposed to arguments for market-
based solutions. Hint: See the information in our
course textbook on market failures.
Examine who may be helped and who may be hurt
by the selected government intervention.
Examine externalities and/or unintended
consequences of such intervention.
Determine the cost trend of the intervention
program since its implementation including
whether costs are increasing, decreasing, or vary
with the state of the economy.
Evaluate the success or failure of the intervention
in achieving its objectives and develop
conclusions.
Recommend whether the program should be
continued as is, discontinued, or modified and
defend your recommendation.
31. UOP ECO 561 Week 2 Government Interventions
vs. Market Based Solutions NEW ( Low Income
Rent Controls and Housing Vouchers)
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The theory of market economies emphasizes
freedom of choice and limited government
intervention. The classic argument for government
intervention is market failure - the inability of the
market economy to correct itself from a
dysfunctional state (such as the Great Depression).
Students will examine articles from the University
library to analyze real-world examples of U.S.
government intervention programs and apply
current week readings to make intelligent
conclusions about the economic policies.
32. Examples of intervention programs you may
select, but are not limited to:
• US agriculture support programs
• Low income support programs (Food Stamps,
Earned Income Tax Credit, Child Tax Credit, and
Temporary Assistance to Needy Families)
• Medicaid, Children's Health Insurance Program,
The Affordable Care Act (Obamacare)
• Low-income rent controls and housing vouchers
• Government promotion of renewable energy
sources to discourage use of fossil fuels such as
coal and oil
• Unemployment Insurance
• Bailout of U.S. banks and other financial
institutions during the Great Recession
33. • Bailout of U.S. auto makers during the Great
Recession
• Social Security retirement benefits
Develop a minimum 10-slide Microsoft®
PowerPoint® presentation including detailed
speaker notes or voiceover including the
following:
• Describe the intervention and detail its history.
• Analyze the arguments for government
intervention as opposed to arguments for market-
based solutions. Hint: See the information in our
course textbook on market failures.
• Examine who may be helped and who may be
hurt by the selected government intervention.
• Examine externalities and/or unintended
consequences of such intervention.
• Determine the cost trend of the intervention
program since its implementation including
whether costs are increasing, decreasing, or vary
with the state of the economy.
35. Click the Assignment Files tab to submit your
assignment. SupportingMaterial:Government
Intervention Grading Guide
The theory of market economies emphasizes
freedom of choice and limited government
intervention. The classic argument for government
intervention is market failure - the inability of the
market economy to correct itself from a
dysfunctional state (such as the Great Depression).
Examine one case of significant government
intervention as it relates to your current industry
of employment or an industry in which you are
interested in working.
Examples of intervention programs include, but
are not limited to:
US agriculture support programs
Low income support programs (Food Stamps,
Earned Income Tax Credit, Child Tax Credit, and
Temporary Assistance to Needy Families)
Medicaid, Children's Health Insurance Program,
Obamacare
Low income rent controls and housing vouchers
36. Government promoting renewable energy sources,
discouraging fossil fuel sources
Develop a 16-slide presentation including detailed speaker notes or voiceover including the following:
Describe the intervention and detail its history.
Analyze the arguments for government intervention as opposed to arguments for market-based solutions.
Examine who may be helped and who may be hurt by the selected government intervention.
Examine externalities and/or unintended consequences of such intervention.
Determine the cost trend of the intervention program since its implementation.
Evaluate the success or failure of the intervention in achieving its objectives and develop conclusions.
Defend the use of or discontinuation of the selected intervention.
Note: The use of tables and/or charts to display economic data over the time period discussed is highly
encouraged.
Cite a minimum of three scholarly references.
Format your paper consistent with APA guidelines.
37. UOP ECO 561 Week 3 Assignment Research
Analysis for Business (GameStop) NEW
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Research Analysis for Business
Scenario: Imagine you are a business consultant to
a Business. You have been asked to analyze,
advise, and create recommendations on how the
firm can ensure its future success in its current
market.
Prepare a minimum 1,050-word analysis of
economic data and business data to explain how
38. the core economic principles impact the
sustainability of the firm and what actions the firm
can take to ensure success.
Address the following:
• Identify the market structure your chosen firm
operates in, analyze your chosen firm's current
market share, and identify the firm's local/global
competitors. Analyze the barriers to entry in this
market to illustrate the potential for new
competition and its impact on your firm's future in
the market. Hints: Be sure you review the barriers
to entry discussed in the course text. You might
consider presenting the data graphically.
• Identify and explain trends in current
macroeconomic indicators for last three years
including:
• Current stage of the business cycle.
• Real gross domestic product (GDP).
• Inflation as measured by the consumer price
index (CPI).
• Unemployment rate.
• Federal funds rate.
39. • Current rate for borrowing funds such as the so-
called "prime rate." Note: A requirement of the
Week 1 Influence of Economics on Household
Decision Making report was to gather data on the
CPI, GDP, and interest rates, so you should
consider reviewing the feedback you received on
the Week 1 report.
• Evaluate trends in demand over last three years
and explain their impact on the industry and the
firm. Include quarterly (last two quarters) and
annual sales (last three years) figures for the
product your firm sells. Create business strategies
by analyzing information and data related to the
demand for and supply of your firm's product(s) to
support your recommendation for the firm's
actions. Remember to include a graphical
representation of the data and information used in
your analysis.
• Examine available, current data and information,
such as pricing and the availability of substitutes,
and explain how you could determine the price
elasticity of demand for your firm's product.
Assess how the price elasticity of demand impacts
the firm's pricing decisions and revenue growth.
40. • Apply the concepts of variable and fixed costs to
your firm for informing its output decisions. For
instance, analyze how different kinds of costs
(labor, research and development, raw materials)
affect the firm's level of output.
• 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
41. from demand trends, price elasticity, current stage
of the business cycle, and government policies.
Cite a minimum of three peer-reviewed references
and a minimum of two government economic data
sources/references.
Format your assignment consistent with APA
guidelines.
42. UOP ECO 561 Week 3 Assignment Research
Analysis for Business (General Motors) NEW
To purchase this material click
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uop/eco-561-week-3-assignment-research-
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Research Analysis for Business
Scenario: Imagine you are a business consultant to
a Business. You have been asked to analyze,
advise, and create recommendations on how the
firm can ensure its future success in its current
market.
Prepare a minimum 1,050-word analysis of
economic data and business data to explain how
the core economic principles impact the
43. sustainability of the firm and what actions the firm
can take to ensure success.
Address the following:
• Identify the market structure your chosen firm
operates in, analyze your chosen firm's current
market share, and identify the firm's local/global
competitors. Analyze the barriers to entry in this
market to illustrate the potential for new
competition and its impact on your firm's future in
the market. Hints: Be sure you review the barriers
to entry discussed in the course text. You might
consider presenting the data graphically.
• Identify and explain trends in current
macroeconomic indicators for last three years
including:
• Current stage of the business cycle.
• Real gross domestic product (GDP).
• Inflation as measured by the consumer price
index (CPI).
• Unemployment rate.
• Federal funds rate.
44. • Current rate for borrowing funds such as the so-
called "prime rate." Note: A requirement of the
Week 1 Influence of Economics on Household
Decision Making report was to gather data on the
CPI, GDP, and interest rates, so you should
consider reviewing the feedback you received on
the Week 1 report.
• Evaluate trends in demand over last three years
and explain their impact on the industry and the
firm. Include quarterly (last two quarters) and
annual sales (last three years) figures for the
product your firm sells. Create business strategies
by analyzing information and data related to the
demand for and supply of your firm's product(s) to
support your recommendation for the firm's
actions. Remember to include a graphical
representation of the data and information used in
your analysis.
• Examine available, current data and information,
such as pricing and the availability of substitutes,
and explain how you could determine the price
elasticity of demand for your firm's product.
Assess how the price elasticity of demand impacts
the firm's pricing decisions and revenue growth.
45. • Apply the concepts of variable and fixed costs to
your firm for informing its output decisions. For
instance, analyze how different kinds of costs
(labor, research and development, raw materials)
affect the firm's level of output.
• 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
46. from demand trends, price elasticity, current stage
of the business cycle, and government policies.
Cite a minimum of three peer-reviewed references
and a minimum of two government economic data
sources/references.
Format your assignment consistent with APA
guidelines.
47. UOP ECO 561 Week 3 Assignment Research
Analysis for Business (Starbucks) NEW
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Research Analysis for Business
Scenario: Imagine you are a business consultant to
a Business. You have been asked to analyze,
advise, and create recommendations on how the
firm can ensure its future success in its current
market.
Prepare a minimum 1,050-word analysis of
economic data and business data to explain how
the core economic principles impact the
sustainability of the firm and what actions the firm
can take to ensure success.
Address the following:
• Identify the market structure your chosen firm
operates in, analyze your chosen firm's current
48. market share, and identify the firm's local/global
competitors. Analyze the barriers to entry in this
market to illustrate the potential for new
competition and its impact on your firm's future in
the market. Hints: Be sure you review the barriers
to entry discussed in the course text. You might
consider presenting the data graphically.
• Identify and explain trends in current
macroeconomic indicators for last three years
including:
• Current stage of the business cycle.
• Real gross domestic product (GDP).
• Inflation as measured by the consumer price
index (CPI).
• Unemployment rate.
• Federal funds rate.
• Current rate for borrowing funds such as the so-
called "prime rate." Note: A requirement of the
Week 1 Influence of Economics on Household
Decision Making report was to gather data on the
CPI, GDP, and interest rates, so you should
consider reviewing the feedback you received on
the Week 1 report.
• Evaluate trends in demand over last three years
and explain their impact on the industry and the
firm. Include quarterly (last two quarters) and
annual sales (last three years) figures for the
49. product your firm sells. Create business strategies
by analyzing information and data related to the
demand for and supply of your firm's product(s) to
support your recommendation for the firm's
actions. Remember to include a graphical
representation of the data and information used in
your analysis.
• Examine available, current data and information,
such as pricing and the availability of substitutes,
and explain how you could determine the price
elasticity of demand for your firm's product.
Assess how the price elasticity of demand impacts
the firm's pricing decisions and revenue growth.
• Apply the concepts of variable and fixed costs to
your firm for informing its output decisions. For
instance, analyze how different kinds of costs
(labor, research and development, raw materials)
affect the firm's level of output.
• 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
50. 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 policies.
Cite a minimum of three peer-reviewed references
and a minimum of two government economic data
sources/references.
Format your assignment consistent with APA
guidelines.
51. UOP ECO 561 Week 3 Team Managing Fixed and
Variable Cost (2 PPT) NEW
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Purpose of Assignment
In this week, students are learning about
managing different types of economic costs.
Organizations typically have either high fixed costs
or low fixed costs, and it is important to
understand how business decisions differ in
organizations with high fixed costs from
organizations with low fixed costs.
Assignment Steps
Resources: Tutorial help on Excel® and Word
functions can be found on the Microsoft® Office
52. website. There are also additional tutorials via the
web offering support for Office products. Hoover's
Company Profiles by ProQuest located in the
University Library
Choose two publicly-held organizations. One
organization must have high fixed costs and low
variable costs, and the other organization must
have low fixed costs and high variable costs.
Note: A publicly-held organization is a private-
sector firm that is owned by stock holders.
Companies with high fixed costs include
manufacturing companies, such as automobile
manufactures, whereas service companies, such as
accounting firms, might have low fixed costs.
Create and Present to the class a minimum 15
minute 8-slide Microsoft®
PowerPoint®presentation, including detailed
speaker notes , analyzing the methods of managing
cost depending on the cost construction. Research
the University Library for recent publications
regarding each company and the industry data.
The analysis should include the following:
• Analyze your two chosen companies' cost
construction. Do the companies have high fixed
costs or low fixed costs? Do the companies have
53. high variable costs or low variable costs? What
evidence presents itself to support your findings?
• In Excel®, chart the relationship between total
cost and the number of units produced (output)
for each organization/company. Plot two lines on
the graph - one line for each company you
analyzed. Copy your graph from Excel® and paste
it into your PowerPoint® presentation.
• Analyze currently used methods to minimize
costs for the companies and provide
recommendations how to improve the process of
minimizing costs based on the available
information for the industries in which the
companies operate. Note: Companies are
categorized by the industries they operate in. For
example, Wal-Mart is a company operating within
the retail trade industry. Hoover's Company
Profiles by ProQuest located in the University
Library may be helpful.
Cite a minimum of three peer-reviewed sources.
Format the assignment consistent with APA
guidelines.
Click the Assignment Files tab to submit your
PowerPoint® presentation and your Excel® file.
54. Note: Grades are awarded based upon individual
contributions to the Learning Team assignment.
Each Learning Team member receives a grade
based upon his/her contributions to the team
assignment. Students might receive different
grades for the team assignment depending on
their contributions to the team assignment.
55. UOP ECO 561 Week 4 Assignment Inflation and
Analyses of Monetary Policies Presentation (2
PPT) NEW
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ECO 561 Week 4 Assignment Inflation and
Analyses of Monetary Policies
56. UOP ECO 561 Week 4 AssignmentInflation and
Analyses of Monetary Policies (2 Papers) NEW
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Inflation and Analyses of Monetary Policies
Purpose of Assignment
This assignment will introduce students to the U.S.
Department of Labor's Bureau of Labor Statistics
(BLS) data and provide students with the skills to
calculate inflation and interpret the Consumer
Price Index (CPI). Note: The BLS is the primary
source of information on inflation, but their data is
re-posted in other sources, such as the St. Louis
Federal Reserve FRED site, among others.
Assignment Steps
Use an internet search or the University Library to
locate information on the Consumer Price Index
(CPI). Internet sites you might find useful include
57. the Bureau of Labor Statistics (BLS) and the
Federal Reserve of St. Louis FRED web site
although you are allowed to use other sources.
Develop a minimum 700-word analysis of inflation
by including the following:
• Choose a product or service you currently
consume/use, such as apparel or educational
services, that is included in the CPI's "market
basket." Find the annual CPI index numbers for
your chosen good or service for the years 1995,
2005, 2010, and 2015. Enter those index numbers
in an Excel® file and calculate the percent change
(inflation rates) in those index numbers from
1995 to 2005, from 1995 to 2010, and from 1995
to 2015.
• Analyze the trends in overall inflation over the
last five years and whether your income has kept
pace with inflation. How has inflation over the last
five years affected you and/or your family?
• Discuss how a business manager, such as a
human resources manager, might use CPI
statistics.
Cite a minimum of three scholarly, peer-reviewed
references.
Format your paper consistent with APA
guidelines.
59. UOP ECO 561 Week 5 Assignment Effectiveness of
the Counter-Cyclical Policies (2 PPT) NEW
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Purpose of Assignment
This assignment addresses how both monetary
and fiscal policies have been used during the so-
called Great Recession, which began in December
2007 and ended in June 2009, to the present to
moderate the business cycle.
Assignment Steps
Resources: Tutorial help on Excel® and Word
functions can be found on the Microsoft® Office
website. There are also additional tutorials via the
web offering support for Office products.
60. Create a minimum 12 minute 10-slide
PowerPoint® presentation to present to the
class, including detailed speaker notes, in which
you analyze your choice of one the following
markets or industries:
• The housing market
• Financial markets
• Commodity and stock markets
• An industry of your choice, such as the
automobile industry, the airline industry, retail
trade, or any other major industry that suffered
heavy losses during the Great Recession
Your analysis will extend from the beginning of the
Great Recession, which was December 2007, to the
present and should include the following:
• An Excel® workbook with the following datasets:
o One dataset related to the U.S. housing industry
such as housing starts, the FHFA housing price
index, or another dataset of your choice related to
the housing market.
o One dataset related to personal or household
income or to personal or household saving.
o One dataset related to the labor market such as
the unemployment rate, initial claims for
unemployment insurance, or another dataset of
your choice related to the U.S. labor force.
o One dataset related to production and business
61. activity within the market or industry you choose
to analyze.
• Find your datasets by using different internet
data sources, including, but not limited to, the
Federal Reserve Bank of St. Louis's FRED site, U.S.
Dept. of Commerce's Bureau of Economic Analysis
(BEA), U.S. Dept. of Labor's Bureau of Labor
Statistics, U.S. Census Bureau, and The
Organization for Economic Co-operation and
Development (OECD). Using data results analyze
the economic and sociological forces that drove
the market equilibrium to unsustainable heights,
commonly referred to as "bubbles," and the shocks
that brought the markets back down.
• Discuss specific changes in supply and demand
within the markets and/or industries you chose to
analyze.
• Examine prior government policies and
legislation that might have exacerbated the impact
of the shocks. Also, discuss government
actions/regulations that might be undertaken,
and/or have been undertaken, to moderate the
effects of extreme economic fluctuations.
• Evaluate the actions of the federal government
(fiscal policy) and the Federal Reserve (monetary
policy) to restore the economy and foster
economic growth. Base your evaluation on
62. information available at Internet sources such as,
but not limited to, the Fed's The Economy Crisis
and Response website as well as other appropriate
sources found on the Internet and in the
University Library. Be sure you address the
effectiveness of those counter-cyclical policies.
Cite a minimum of three peer-reviewed sources
and economic data not including the course text.
Submit the data results in a separate Microsoft®
Excel® file.
Format the assignment consistent with APA
guidelines.
63. UOP ECO 561 Week 5 Team Assignment
Comparative And Absolute Advantage (2 Papers)
NEW
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ECO 561 WEEK 5 TEAM ASSIGNMENT
COMPARATIVE AND ABSOLUTE ADVANTAGE
Develop a 1,750-word analysis of the international
economy in which you do the following:
Analyze measures of economic growth, and
comparative and absolute advantage in
international trade for the following countries:
64. USA
China
Saudi Arabia
Democratic Republic of Congo
Research each country, using such resources as the
CIA World Fact Book, World Bank data, and World
Trade Organization. Research its economic,
political, and cultural development.
Compare the following using tables or graphs, for
most recent year available and for 2009 (the
trough of the last economic cycle):
Country GDP per Capita
Country GDP as a % of World GDP
Country exports per capita
Country exports as a % of GDP
Country exports as a % of World exports.
Country imports per capita
Country imports as a % of GDP
65. Country imports as a % of World imports (world
imports = world exports)
Discuss reasons why the economic growth of the
four countries varies so markedly. How does trade
influence the strength of the economy worldwide?
Determine the stage in the lifecycle for each
country's economy.
Discuss the following for each country:
At least two products that have provided the
country an absolute advantage in trade (if any)
At least two products that have provided the
country a comparative advantage in trade
Factors that have prevented a country from
achieving either
Cite a minimum of three peer reviewed sources.
Format the assignment consistent with APA
guidelines.
66. UOP ECO 561 Week 6 Signature Assignment
Challenges of Expansion to a Foreign Location
(General Motors) NEW
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Purpose of Assignment
This week students will review and revise their
Week 3 Research Analysis for Business Signature
Assignment based on economic analysis and the
feedback provided by their facilitator. Students
will also expand their Week 3 analyses to evaluate
the challenges of expanding their chosen
company's production to a foreign market.
67. About Your Signature Assignment
This signature assignment is designed to align
with specific program student learning outcome(s)
in your program. Program Student Learning
Outcomes are broad statements that describe what
students should know and be able to do upon
completion of their degree. The signature
assignments might be graded with an automated
rubric that allows the University to collect data
that can be aggregated across a location or
college/school and used for program
improvements.
Assignment Steps
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, Research Analysis for Business.
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
68. Comparative and Absolute Advantage Assignment.
Prepare a minimum1,750-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.
69. • 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.
70. • 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
71. 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.
Cite a minimum of three peer reviewed sources
not including the textbook.
Include all peer-reviewed references and
government economic data sources/references
from Week 3.
Format your assignment consistent with APA
guidelines.
72. UOP ECO 561 Week 6 Signature Assignment
Research Analysis for Business (Starbucks) NEW
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Purpose of Assignment
This week students will review and revise their
Week 3 Research Analysis for Business Signature
Assignment based on economic analysis and the
feedback provided by their facilitator. Students
will also expand their Week 3 analyses to evaluate
the challenges of expanding their chosen
company's production to a foreign market.
About Your Signature Assignment
This signature assignment is designed to align
73. with specific program student learning outcome(s)
in your program. Program Student Learning
Outcomes are broad statements that describe what
students should know and be able to do upon
completion of their degree. The signature
assignments might be graded with an automated
rubric that allows the University to collect data
that can be aggregated across a location or
college/school and used for program
improvements.
Assignment Steps
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, Research Analysis for Business.
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 minimum1,750-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
74. 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
75. 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
76. 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.
Cite a minimum of three peer reviewed sources
not including the textbook.
77. Include all peer-reviewed references and
government economic data sources/references
from Week 3.
Format your assignment consistent with APA
guidelines.
78. ECO 561 Week 2 Assignment Government Interventions
(Bailout of U.S. Auto Makers) NEW
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ECO 561 Week 2 Assignment Government Interventions (Bailout of
U.S. auto makers) NEW
The theory of market economies emphasizes freedom of choice and
limited government intervention. The classic argument for
government intervention is market failure - the inability of the
market economy to correct itself from a dysfunctional state (such as
the Great Depression).
79. Students will examine articles from the University library to analyze
real-world examples of U.S. government intervention programs and
apply current week readings to make intelligent conclusions about
the economic policies.
Examples of intervention programs you may select, but are not
limited to:
• US agriculture support programs
• Low income support programs (Food Stamps, Earned Income Tax
Credit, Child Tax Credit, and Temporary Assistance to Needy
Families)
• Medicaid, Children's Health Insurance Program, The Affordable
Care Act (Obamacare)
• Low-income rent controls and housing vouchers
80. • Government promotion of renewable energy sources to discourage
use of fossil fuels such as coal and oil
• Unemployment Insurance
• Bailout of U.S. banks and other financial institutions during the
Great Recession
• Bailout of U.S. auto makers during the Great Recession
• Social Security retirement benefits
Develop a minimum 10-slide Microsoft® PowerPoint® presentation
including detailed speaker notes or voiceover including the
following:
• Describe the intervention and detail its history.
• Analyze the arguments for government intervention as opposed to
arguments for market-based solutions. Hint: See the information in
our course textbook on market failures.
82. Cite a minimum of three scholarly, peer-reviewed references.
Format your paper consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.
SupportingMaterial:Government Intervention Grading Guide
83. UOP ECO 561 Week 6 Signature Assignment Challenges of
Expansion to a Foreign Location (GameStop) NEW
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ECO 561 Week 6 Signature Assignment Challenges of Expansion
to a Foreign Location (GameStop) NEW
Purpose of Assignment
This week students will review and revise their Week 3
Research Analysis for Business Signature Assignment based on
economic analysis and the feedback provided by their
facilitator. Students will also expand their Week 3 analyses to
evaluate the challenges of expanding their chosen company's
production to a foreign market
About Your Signature Assignment
84. This signature assignment is designed to align with specific
program student learning outcome(s) in your program.
Program Student Learning Outcomes are broad statements that
describe what students should know and be able to do upon
completion of their degree. The signature assignments might be
graded with an automated rubric that allows the University to
collect data that can be aggregated across a location or
college/school and used for program improvements.
Assignment Steps
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, Research Analysis for Business.
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 minimum1,750-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
85. 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.
86. · 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.
Cite a minimum of three peer reviewed sources not including
the textbook.
87. Include all peer-reviewed references and government
economic data sources/references from Week 3.
Format your assignment consistent with APA guidelines.