Reference no: EM131802552
Assignment: A Macroeconomics Perspective
Length: 1,200-2,000 words, including research in essay format
Lester Scholl's administrative assistant calls you on Monday afternoon to set up a conference call between you and the chairman tomorrow morning to discuss the board's reaction to your list and to discuss your next task. You call the number she gave you, and Lester joins the call shortly after.
"I'm pleased with your work," he says. The board was impressed with your list of factors. Your ranking made sense because your explanations were well-written. I suspect they read everything you sent because it was concise and clear. Good job."
"Thanks," you say, and you feel relieved that your first assignment was well-received.
"Your list provided the basis for a good conversation about the manufacturing operations," he says. "We want to know more about the economy of both countries to further inform our decision-making process."
"That makes sense," you say. "The United States and South Korea hold many distinct economic factors that may affect AutoEdge's long-term financial performance."
"Right," he says. "Your research on the two economies will give the board enough information so we can advise the new, incoming CEO."
"What should my research include?" you ask.
"In your research, you must take into consideration several macroeconomic factors," he says. "We want to see information about the gross domestic product (GDP), unemployment, interest rates, and inflation for both the United States and South Korea. Make sure your research is current; that is, no more than 6 months old."
"I'll get started right away," you say.
"Very good," he says. "Let me know if you have any questions, and I'll put you in touch with some of the other members of the board if I can't provide the answers you need."
Additional Notes: OBJECTIVES
Demonstrate how metrics such as valuation, economic profit, and related terms are measured and evaluated.
Explain the significance and implications of various economic theories pertaining to profit, consumer choice, demand and supply, forecasting and optimization.
References TO USE
U.S. Department of Commerce. (n.d.).
Organisation for Economic Co-Operation and Development. (n.d.).
World Trade Organization. (n.d.).
American Association of Individual Investors. (n.d.).
|
Short-term memory and long-term memory
: 1. What are the differences between short-term memory and long-term memory.
|
|
Compute the activity rates
: Compute the activity rates i.e., cost per unit of activity for the activity cost pools. Round off all calculations to the nearest whole cent
|
|
Determine the overhead rate for each activity
: Determine the overhead rate for each activity. Assign the manufacturing overhead costs for April to the two products using activity based costing
|
|
Evaluate the possibility of seed funding
: For your business venture, evaluate the possibility of seed funding from venture capital funding, angel funding, SBA funding or other business alliances.
|
|
Analyze the implications of various economic theories
: Analyze the significance and implications of various economic theories pertaining to profit, consumer choice, demand and supply, forecasting and optimization.
|
|
Calculate the cost of goods sold and ending inventory
: Calculate the cost of goods sold and ending inventory for January and February under each of the following methods
|
|
Increase sales by improving present products
: A product development strategy is one of seeking to increase sales by improving present products or services or by developing one ones.
|
|
Interests of management and investors
: Although managerial incentives are one important means of aligning the interests of management and investors, identify two other mechanisms
|
|
Consider how the author compares coaching staff
: Consider how the author compares coaching staff in a health care setting to coaching athletes, directing a movie, and conducting a symphony.
|