What impacts do economic forecasts have on a firm’s functional area?

Chapter 7 $3 DUE 2/24

1. What impacts do economic forecasts have on a firm’s functional area? If management learns from the economic analysis of Country A that wage rates are expected to increase by 10 percent next year, which functional areas of the firm will be concerned? Why will this be of concern to management?
2. What are the differences in the characteristics of economically developing and developed nations?
3. Of what importance to markets is a nation’s level of economic development?
4. What common problem does the use of GNI per capita and population density values present?
5. What is the underground economy? Why is the existence and level of an underground economy important for managers?

Chapter 8.1 $3 DUE 2/26

Chapter 9 $3 DUE 3/1

4. What are the advantages of submitting contract disputes to arbitration instead of to litigation in courts?
5. Why do companies concern themselves with intellectual property issues?

6.Often taxes are used for reasons other than raising revenues. What are the other purposes for taxes are used?

 

Term Project $6 DUE 3/3