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October 16, 2022

What measures of the economy (economic indicators) will allow you to judge what is in store for your industry and your firm now and over the next three years?

We all have the right to have our opinions on specific issues. However, this is a business course and we need opinions that are backed by Facts and Quantitative Information (F&QI): Numbers, data, statistics, tables, graphs, charts, etc. Use the text and at should be at least 1400- 1600 words in depth. This is due by Sunday of the week.

Assume you are the CEO of an MNC and have tentatively selected a Host Country for a Hotel Start Up.

Based on the explanations provided in p. 110 in Topics and190 of the textbook, describe the relevance of the economy for international business, your firm and your FDI project.

What measures of the economy (economic indicators) will allow you to judge what is in store for your industry and your firm now and over the next three years? List and explain these indicators and rank their relative importance from highest to lowest.

Where do you find reputable sources of economic and socioeconomic indicators? What economic indicator has the most crucial influence on your company’s FDI in that country?

Explain the meaning of GNI, PPP, the Big Mac Index, the underground economy, unit labor costs and unit labor productivity.

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