Economic Decision-Making and Economic Growth

Part 1: GB540M3: Analyze the relationship between knowledge-based economic decision-making and economic growth. Using a Global Fortune 500 company, you will complete a research paper that summarizes its history, conducts a SWOT analysis, and addresses its future. Directions In this Assessment, you will select a Global Fortune 500 company (it cannot be a company you work for) that operates in the United States and in other nations around the world. Make sure it is one you are interested in and has plenty of good sources of information available. A) Summarize the firm’s history and the economic, social, and political forces that affect it most. B) Present recent and current operating results (financial performance) data in a table. Evaluate the firm’s current and recent operating results. Analyze the major economic forces that affect the firm. Discuss the key social and major political forces that affect the performance of the firm. C) Present a brief SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats). D) Discuss the factors it will need to predict, plan for, and adjust to in the future. Part 2: GB540M4: Analyze the relationship between knowledge-based economic decision-making and economic growth. PC-4.1: Assess the value of multiculturalism and diversity in a global environment. For this Assignment, you may use a Fortune 500 Company that you have already researched. The focus here is on both domestic (American) and global operations. The Assignment incorporates how the firm functions in different parts of the world and what it can do to maximize its effectiveness as a global organization. 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 U.S. Department of Commerce. (n.d.). Key economic indicators. Retrieved from U.S. Bureau of Labor Statistics. (n.d.). Major economic indicators. Retrieved from 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. Each part has the following Minimum Submission Requirements: Each part should be a Microsoft Word (minimum 5-page) document, in addition to the title and reference pages.



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