Assignment Description applied managerial economics.
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Assignment Description
Weekly tasks or
assignments (Individual or Group Projects) will be due by Monday and late submissions
will be assigned a late penalty in accordance with the late penalty policy
found in the syllabus. NOTE: All submission posting times are based on midnight
Central Time.
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."
"Great," you
say. "Thank you."
Please submit your assignment.
For assistance with your assignment, please use your text, Web
resources, and all course materials.
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