Assignment:
Select a U. S. company with global operations. Write a 3-4 page project in which you do the following:
Q1. Discuss the firm's activities outside the U.S.
Q2. Identify which economic concepts, such as comparative advantage, apply to your firm.
Q3. Explain how these economic concepts can be used to address the firm's problems and opportunities?
Q4. Identify which economic and political policies affect your firm and explain how they impact business decisions.
Q5. How does your firm use technology to strategic advantage?
Q6. Discuss the impact of globalization on the firm's cost structure, markets, currency risk, and overall strategy. Be sure to provide a definition of globalization in your answer.
Use the Library, unit resources, and the Internet to find information. One resource is Hoover's Pro, available through the Library. Click the "Find Web Resources" button and use the Search Web Resources For box to find Hoover's.
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Objective:
Explain the macroeconomic and microeconomics concepts and how they relate to the management of a global organization.
Critically analyze and evaluate real-life economic problems and opportunities by applying economic concepts, principles, and theory.
Examine current global economic and political policies and their impact on business decisions.
Recognize situations that present potential ethical and legal issues and develop solutions for those issues.
Discuss the opportunities provided by technology for businesses.