02 Oct Fortune 500 Companies
36177Course outcomes practiced and assessed in this Assignment:
GB540-4: Integrate concepts of regional, national, and global economic behavior with
macroeconomic theory.
PC-4.1: Assess the value of multiculturalism and diversity in a global environment.
Directions
Begin by reviewing the following websites as resources for your Assignment:
Organisation for Economic Co-operation and Development (OECD). (2017). Economic indicators.
Retrieved from http://www.oecd.org/std/oecdmaineconomicindicatorsmei.htm
U.S. Department of Commerce. (n.d.). Key economic indicators. Retrieved from
https://www.commerce.gov/economicindicators
U.S. Bureau of Labor Statistics. (n.d.). Major economic indicators. Retrieved from
https://www.bls.gov/bls/newsrels.htm
Select 6–10 macroeconomic indicators that are of particular relevance to your firm and explain how
they affect the performance of the company.
Outline strategies on how the firm should respond to the changes in the economic indicators with the
goal of maximizing revenues in the years ahead.
How have they done in the past?
What is their current state?
What kinds of plans and possibilities do they have for the future?
Is there room for improving what they do?
Should new ventures be added or old ones subtracted?
Then, discuss the firm’s global operations, and their influences on the regional and national levels.
You also need to assess the value of multiculturalism and diversity in operating (managing) a
company in a global environment.
As you can see, the field is wide open for you to construct your paper in the most relevant way you
see fit.
In this Assignment, you will broaden the scope at how the firm functions in different parts of the world and what it can do to maximize its effectiveness as a global organization. A strategic audit will be performed and forecasts will be made for the next 2 years.
Make sure to use informative supporting graphics where they will add to the paper, such as tables, charts, and diagrams.
Don’t use “we” or “our” pronouns, as you’re not writing as part of the company.
Avoid getting distracted with various PR information on the company website that is intended to make the company look good. There is no need for page after page on the company’s vision, mission, values, solar panels, recycling bins, or charitable efforts. None of this is vital to the objectives of the presentation.
It is critical that you follow the supplied links on macroeconomic indicators (these are on the page where you can click to find the rubric for the assignment). Some students have tried writing their papers without understanding what macroeconomic indicators are, and that’s usually disastrous. These are not the same as financial information on the firm, e.g., “return on equity” or “earnings” or “profits.” Here is one link to get you started–it contains a list of economic indicators: http://www.census.gov/economic-indicators/
Finally, as with your other papers, watch grammar, spelling, and formatting.
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