Macroeconomic impacts on harvey norman

Assignment Help Business Management
Reference no: EM131523653

These are the questions:

Watch the following video clip, A big lift in consumer confidence but how much is showing through on the shop floor and answer the following questions. 

  1. What has been some of the macroeconomic impacts on Harvey Norman. Use economic analysis to describe how this impacts on profits (Hint: what type of market structure does Harvey Norman operate in?).
  2. If consumer confidence is rising, then use economic analysis to describe how this impacts on the economy. Given the level and growth of sales of Harvey Norman what is the more likely scenario.
  3. Thinking about the zero level of investment in new Harvey Norman stores and the lower/patchy sales growth. In what stage of the cycle would this happen. Why should we be careful using Harvey Normans sales growth as the only source of information to determine if Australia is in a period of slow growth? What information would be useful to verify this?

Watch the following video clip, CPI: A surprise jump in inflation to a 2-year-high appears to have reduced the chances of further official interest rate cuts in Australia and answer the following questions. 

a. What were the underlying causes of the stronger than expected inflation rate (what goods experienced a rise in price and what goods experienced a fall in price. Thinking about the CPI basket do you think that a rise in these goods would influence CPI?

b. How does the lower Australian dollar contribute to inflation?

c. Explain how the changes in the prices of goods in part a, and the change in the exchange rate might influences the RBA's position on changing interest rates. How does the changes in the unemployment rate moderate this position?

Reference no: EM131523653

Reviews

Write a Review

 

Business Management Questions & Answers

  Problems of the fiscal policy and monetary policy

A. What are the benefits and major problems of the fiscal policy and monetary policy? B. If you were macroeconomic policymaker, how do you balance the short-run tradeoff between inflation rate and unemployment rate? Explain.

  How has tjx responded to compliance issues involved in case

How has TJX responded to the compliance issues involved in this case? Describe short- and long-term effects of the case on the business sustainability of TJX.

  Representation for preferences

When Peter evaluates consumption streams, he cares only about the best time in his life. On the other hand, Christine only cares about the worst time in her life. Provide utility representation for their preferences.

  Distinctions between interpretive revenue rulings

As a result of studying MAYO FOUNDATION FOR MEDICAL EDUCATION AND RESEARCH, et al., Petitioners v. UNITED STATES, we can conclude:

  Equitable pay ranges are for jobs

Working in groups, access relevant online Web sites to determine what equitable pay ranges are for these jobs: chemical engineer, marketing manager, and HR manager with a bachelor's degree and five years of experience in the following cities:

  Human resource management foundation

Topic: Selection Process; Course: Human Resource Management Foundation Note: Respond to the following questions at least 200 words for each question. Must be plagiarism free. Use in-text citation and references to cite the work of the author. Respo..

  What would be involved in conducting a feasibility study

Discuss what would be involved in conducting a feasibility study to determine whether renovation is the correct way to go or whether the facility should be torn down and a new one built.

  What would be production possibility frontiers for brazil

What would be the production possibility frontiers for Brazil and the United States? Without trade, the United States produces AND CONSUMES 32,500 units of clothing and 125,000 cans of soda.

  Primary care case management

Discuss the growth as it pertains to risk based managed care (RBMC) and primary care case management (PCCM). Which do you prefer? You may use the Kaiser Family Foundation article or the textbook for reference

  Research hardware and software

Electronic spreadsheets are useful tools, especially when creating a business budget. Once a spreadsheet is set up correctly in Excel®, values can be modified.

  Developing and integrating a set of standard control process

Developing and integrating a set of standard control processes for both planning and execution will raise success rates.

  Assuming the bond is currently selling

What is the yield to maturity of a $1,080 par value bond with a coupon rate of 9.5% (semi-annual coupon payments) that matures in 28 years assuming the bond.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd