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BUSI 3250 Exam 3 (Final) with verified solution
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BUSI 3250 Exam 3 (Final) with verified solution
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BUSI 3250 Exam 3 (Final) withverified solutions
economic analyses for multinationals
more complex than those for a purely domestic firm
purpose is to assess the overall outlook for the economy and the impact of
economic changes on the firm
should include economic data on actual prospective markets
foreign environment
includes all the uncontrollable forces originating outside the home country
that surround and influence the firm
the interaction between domestic and foreign environmental forces or
between sets of foreign environmental forces
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Brainpower
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gross domestic product
the total value of all goods and services produced within a nation
gross national income
, the total value of all income generated by the residents of a nation,
including both the domestic production of goods and services and income
abroad
high income economies
GNI per capital of $12,056 or more
middle income economies
GNI per capita of over $995 but less than $12,056, which can be further
divided into upper middle income economies and lower middle income
economies
low income economies
GNI per capita of $995 or less
developing economies
a classification for the worlds lower income nations, which have less
technically developed infrastructures and lower living standards
developed economies
a classification for high income industrialized nations, which have high
living standards and the most technically developed infrastructures
characteristics of developed economies
a high material standard of living, high quality of life index, and a
substantial middle class
frequent application of the most advanced production techniques and
equpitment
well established governmental and legal systems
plentiful educational opportunities and low illiteracy
relatively low levels of unemployment or underemployment
characteristics of developing economies
political instabilities and deficient governmental and legal systems
high illiteracy rate and few educational facilities
disguised unemployment or underemployment
widespread malnutrition and a wide range of health problems
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