Publications by Carley Latorre
bestpractices6
Chapter Opening Questions A manager needs to develop an early warning system that includes: macroeconomic warning signals, end-user info, customer sales forecast, critical costs. Summary Managing through the Business Cycle Steps Description macroeconomic warning signals The early warning system should include indicators for the overall economy...
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realworldapplications6
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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bestpractices7
Chapter Opening Questions A manager needs to know: a series of steps they can take to cut costs in order to survive a recession. They also need to know how to spot opportunities where they can take advantage of recessions. Summary Table of possible options in a contingency plan Expecting a downturn During moderate downturns During severe recess...
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realworld7
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. Business response to the questi...
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bestpractices8
Chapter Opening Questions A manager needs to: monitor the foreign country’s economic cycle, just as you would in the United States. Summary For a major industrialized country, the monitoring system would closely resemble that used in the United States with an addition of foreign exchange risk. For a less developed country, Risk Indicators mo...
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realworld8
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. Assume th...
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bestpractices9
Chapter Opening Questions A business manager, to assess the risk of a regional recession, needs to monitor: the national economic cycle, the national economic cycle of the most important industries in the region, the internal growth cycle of the region (usually associated with construction swings). Summary Although a regional economic cycle is n...
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applications9
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? I believe we are heading towards a recession. Anytime the...
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bestpractices10
Chapter Opening Questions A business manager in a capital-intensive industry needs to monitor its own industry cycles because they routinely experience (a vicious cycle of over-investment, over-capacity, and the price war). Summary Some companies over-invest and over-expand, leading to over-production that ultimately results in loss of profits w...
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realworld10
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 of ...
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