Economics Question

Assignment: Fortune 500 Companies

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 two years.

For this assignment, use the same Fortune 500 Company that you have already researched in

Unit 4. 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.

Course 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:

Organization for Economic Co-operation and Development (OECD)

S. Department of Commerce

S. Bureau of Labor Statistics

Select 6–10 macroeconomic indicators that are of particular relevance to your firm and explain how they affect the performance of the company. You need to include relevant data for the macroeconomic indicators you selected in the form of tables and graphs for a few years.

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.