Publications by Zach McGlone
Best Practices 6
Chater Openning Questions A manager needs to develop an early warning system that includes: A business manager needs to develop an early warning system that includes macroeconomic warning signals, end-user information, customer sales forecasts, and critical costs. This type of system gives management the earliest possible signals of a change i...
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Real World Applications 6
Survey of Professional Forecasters The author writes on page 31: "At the beginning of 2001, the economy was not in recession. The fourth quarter of 2000 data had not been released but would, in time, show that the economy had grown by 2.2 percent in twelve months. Forecasters were nervous, however. The consensus forecast published by the Federal ...
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Best Practices 7
Chater Openning Questions A manager needs to: A manager needs to take specific steps for managing during a downturn in the economy. These steps range from easy to moderate, and may even require stricter steps in survival mode when the economy hits an actual recession. The areas to consider when implementing these steps are: capital spending, ...
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Real World Applications 7
Evaluate your client company’s contingency plan Read your client company’s response, see whether it is consistent with lessons we learned in chapter seven and whether you can improve it by applying this week’s lessons. Elaborate at least in 200 words and cite the lessons from the Best Practices 7 assignment. If Grappone hopes to survive ...
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Best Practices 8
Chater Openning Questions A manager needs to: A manager needs to monitor the business cycle of a company in a foreign country similarly to how they would monitor the business cycle of a company in the United States. However, there are additional risks that must be monitored, each with its own indicator. These risks include monetary policy, fo...
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Real World Applications 8
None of our client companies operate in a foreign country. They don’t sell into a foreign market. Nor do they manufacture in a foreign market. So we will use a hypothetical manufacturing company, Daewoo, for the assignment. Daewoo is an American automobile manufacturing company that makes cars in the U.S. and sells in the U.K. market. Assum...
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Best Practices 9
Chapter Opening Questions A business manager, to assess the risk of a regional recession, needs to monitor The national economic cycle, The national cycle of the most important industries in the state or region, and the internal growth cycle of the state or region associated with construction swings. Summary Although a regional economic cycle...
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Real World Applications 9
Economic Dashboard Location Quotient https://www.analyticsforeconomics.com/ Your interpretation Examine the chart above and answer the following questions in at least 200 words. What is the status of New Hampshire’s economy now? Is it in a recession? Is a recession around the corner? How similar is New Hampshire’s economy to its U.S. cou...
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Best Practices 10
Chapter Opening Questions A business manager in a capital-intensive industry needs to monitor its own industry cycles because they routinely experience (). A business manager in a capital-intensive industry needs to monitor its own industry cycles because they routinely experience a vicious cycle of overinvestment, over capacity, and the price...
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Real World Applications 10
Assume Daewoo, a hypothetical oil extraction company, has the following cost structure. It spends: • $40/barrel on labor costs, raw materials, energy, and • $35/barrel on interest, depreciation, insurance, and administrative staff expense. Read the textbook carefully, and answer the following questions. A recession hits, the market price ...
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