Get help for Strayer-University JWI 515 Homework Help. What country have you chosen to analyze for Assignment 1? Describe your chosen country’s GDP and “Doing Business” score. What initial insights do you have in regards to the country’s economic health and business environment? Summarize the most important concepts and approaches you have learned this week. Provide at least one concrete example of how you will apply a key principle or idea in your workplace or professional life. • Describe how currency fluctuations impacted GM’s global competitiveness and how Eric Feldstein hedged this risk. Does you company face currency risk? If so, describe its exposure and historical impact. • Describe how changes in inflation or interest rates have impacted business decisions at your company or in your personal financial decisions. Summarize the most important concepts and approaches you have learned this week. Provide at least one concrete example of how you will apply a key principle or idea in your workplace or professional life. • Using your current (or former) company as a reference, describe your company’s sector and industry. In what sector do you work and what industry does it operate?

In what stage of the business cycle does your industry or sector exist? Where is your company within the business life cycle? As a manager, what steps can you take to grow? Consider innovation, renewal, and productivity. • What trends has your industry been through? • Are there any examples of disruptive innovation, such as in the Netflix example, currently playing out in your sector or industry? If so, what actions should your company take? Summarize the most important concepts and approaches you have learned this week. Provide at least one concrete example of how you will apply a key principle or idea in your workplace or professional life. • Describe a significant economic event that is currently taking place in the world. Explain what you now understand more clearly and possibly relate your understanding back to your business practice. Consider including a related news link about the event. • Using FedWatch by CME, what actions is the U.S.

Federal Reserve expected to take? How do you expect these actions will impact your business, industry, and/or the markets? Or what actions do you expect another country to take in regards to monetary policy and what impacts do you expect? Summarize the most important concepts and approaches you have learned this week. Supply & Demand – Using a product or service at your company, or one that you are familiar with, describe the various factors that impact its level of supply and demand in the marketplace. Is this product more susceptible to supply elasticity or demand elasticity? Explain. As a manager, how can you use this understanding to benefit your organization? Utility – Using a product or service at your company, or one that you are familiar with, describe it in terms of the utility it provides to your customers. What are its strongest utility features? What are the weakest?

Why do your customers keep coming back to you and not your competitors? This week’s learning focused on Microeconomics and allows me to critically think in terms of how supply and demand works. Change in supply versus change in quantity supplied has been the most intriguing concept for me. Analyze product purchase decisions from the customer perspective. 500.00. Take notes on your reasoning during the process of elimination. Briefly describe your experiences using your notes from your shopping session and the concepts of utility, marginal utility, and price elasticity. What items were in your initial shopping cart versus the items that were in your final cart? What were the reasons for keeping, exchanging, or eliminating items? What types of goods did you keep (luxury or staple)? Identify a product or service that your company provides. First, consider the product/service from the emotional perspective. What emotion does this product/service elicit from your customers?

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