Select an economic or financial management issue in the public or private sector and develop recommendations to address the problem. Your analysis should address strategic management or policy issues related to the topic.
Write an eight to ten (8-10) page paper in which you:
Assess an economic or financial management issue in the public or private sector that has a direct impact on the productivity and competitiveness of the U.S., indicating how that issue's negative impact can be minimized or positive impact may be leveraged. Provide support for your rationale.
Evaluate the domestic and / or international factors that impact the issue, and the resulting impact to the U.S. economy.
Evaluate how the selected issue may impact a business' success within a global economy. Provide support for your rationale.
Analyze the expected financial performance and outcomes on the U.S. economy in relation to the issue.
Assess the impact of the issue you selected to pertinent stakeholders. Provide support for your rationale.
Design a change strategy that would mitigate the issue, indicating how the effect of your strategy would be measured and implemented. Provide support for your recommendation.
Determine the important economic concepts and approaches that would be used to formulate and evaluate the proposed change strategy.
Assume that you are a business advisor responsible for providing economic advice to the leadership team of a for-profit corporation. Based on your assessment of the issue you selected, provide short-term (one [1] year) and long-term (five [5] years) advice of the likely impact to the business and its profitability. Support your rationale.
Use at least five (5) quality references. Note: Wikipedia and other Websites do not quality as academic resources.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required page length.
The specific course learning outcomes associated with this assignment are:
Apply economic concepts and approaches to the formulation, implementation, and evaluation of business strategy and public policy in the areas of economics.
Analyze critical domestic and international factors that influence national economies, and develop alternatives for businesses and governments to effectively respond to these strategic issues.
Develop change strategies to effectively implement economic policy modifications, respond to market conditions, and improve economic performance.
Interpret financial performance information and develop strategic alternatives to improve organizational performance.
Use technology and information resources to research issues in economics.
Write clearly and concisely about economics using proper writing mechanics.
Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills, using the following rubric.