Publications by Zach McGlone
Best Practices 1
Chapter 1 It’s Not Just about Forecasting The following are the key points in the chapter. Elaborate on each point in at least 30 words. Understanding economics can help you to diagnose the causes of increases or decreases in sales volumes and costs. For example, economics can help a business to understand why deposit growth may have slow...
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Real World Applications 1
Grappone Automotive Group State the name of your company. Grappone Automotive Group is a New Hampshire car dealership founded in 1924. Grappone’s product line includes the sale and service of new and used vehicles, including a wide selection of Honda, Hyundai, Toyota, Ford, and Mazda vehicles. Grappone employs 340 team members across five ...
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Best Practice 2
## # A tibble: 1,096 × 5 ## # Groups: symbol [8] ## symbol date price change text ## <chr> <date> <dbl> <dbl> <glue> ## 1 GDPC1 1947-01-01 2034. NA 1947.1, ## Growth: NA ## 2 GDPC1 1947-04-01 2029. -0.00267 1947.2, ## Growth: -0.3% ## 3 GDPC1 1947-07-01 2025. -0.00207 1...
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Real World Applications 2
## # A tibble: 384 × 5 ## # Groups: symbol [2] ## symbol date price change text ## <chr> <date> <dbl> <dbl> <glue> ## 1 GDPC1 1947-01-01 2034. NA 1947.1, ## Growth: NA ## 2 GDPC1 1947-04-01 2029. -0.00267 1947.2, ## Growth: -0.3% ## 3 GDPC1 1947-07-01 2025. -0.00207 194...
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Best Practices 3
Chater Openning Questions Managers need to know: Summary Causes of Recessions How it works Associated Recessions monetary policy The Fed can slow the economy by tightening monetary policy, which decreases the money supply and/or raises interest rates. Higher interests reduce economic activity by increasing financing costs. all recessions? Th...
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Real World Applications 3
Economic Dashboard Market Indicators Economic Indicators What is your reading of the economy? Grappone business managers need to be able to anticipate a recession. The way to do this is to pay attention to the signals that the market and the economy give when a recession is coming. By analyzing the market indicators, Grappone would conclude...
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Best Practices 4
Chater Openning Questions A manager needs to monitor: A business manager needs to monitor the price of two things: price of inputs and price of outputs because the difference between the two is the profit margin, or the degree to which the company is making money. The facts about inflation According to Conerly (2007), good business decisions ...
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Real World Applications 4
Economic Dashboard Grappone outputPrice = Consumer Price Index for All Urban Consumers: New Vehicles in U.S. City Average inputPrice = Producer Price Index by Industry: New Car Dealers: New Vehicle Sales Bank of New Hampshire outputPrice = Market Yield on U.S. Treasury Securities at 10-Year Constant Maturity inputPrice = Market Yield on U....
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Best Practices 5
Chater Openning Questions A manager needs to monitor: Summary A business manager needs to assess the company’s vulnerability to recession and plan for a future downturn in the economy. Managers need to monitor four key steps to plan: 1. Assess the company’s vulnerability to recession. 2. Sketch out a contingency plan for dealing with rec...
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Real World Applications 5
The vunerability assessment Analyze the data for your client company’s industry and answer the following questions. How much have sales in the industry declined in the recession? What’s the worst that has happened in the past? Grappone is an auto industry and so examining the national data within this industry, we see that new car sales ...
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