In your research, you must take into consideration several macroeconomic factors

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timer Asked: Oct 9th, 2016
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Question Description

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."

1,200–2,000 words, including research in essay format

Tutor Answer

chemtai
School: Boston College

please find the attached file. i look forward to working with you again. good bye

Running head: MACROECONOMIC VARIABLES

Macroeconomic Variables: A Case Study of America and South Korea
Name
Course
Institution
Instructor
Date

1

MACROECONOMIC VARIABLES

2

Introduction
For the success of any company it has to put in consideration of the economic variables.
Both the micro economic and macro economic variables have a great influence on profit
maximization levels. Investors always carry out an economic analysis in order to identify how
potential the investment would thrive. The micro economic variables that are put under test
include demand and supply of a commodity, the price and customer preference.
The macro economic variables that are put under test are the GDP, unemployment
levels, the interest rates, government expenditure, imports and exports, population growth, and
poverty level. In our case study this report seeks to summarize the unemployment, inflation,
interest rates and the GDP variables of both America and South Korea that would influence the
financial performance of Lester Scholl’s Company (Chung, 2011).
GDP Analysis
At current, the GDP for 2016 has grown by 14% while the GDP per capita reflects to be $
57.220 as at 2016. The main contributors of America GDP are services, industry and agriculture;
77.6 %, 20.8%, 1.6 % respectively. In South Korea the GDP growth rate is at 2.6% in 2015 while
the GDP per capita is $ 27,195. However, unlike America whose main contributor to GDP is
services the distribution in South Korea is a little more structured. The services contribute
58.2%, industry 39.2% while agriculture contributes 2.6%. These contributions are of
significance in consideration of how the GDP...

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Review

Anonymous
awesome work thanks

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