three global macro economic variables
Taking into account the discussion in the class, the readings from the eResource, the supplemental articles, and your personal perspective, identify three global macro economic variables that have the potential to create global businesses change over the next 5 years.
Incorporating the strategy Hammer outlines in the reading for creating an agile enterprise, what can organizations do to address the issues you identified above? Provide at least 3 reference sources to support your position.
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Taking into account the discussion in the class, the readings from the e-Resource, the supplemental articles, and your personal perspective, identify three global macro economic variables that have the potential to create global businesses change over the next 5 years.
There are three global macro economic variables that have the potential to create global business change. These are productivity, interest rates and long-term economic growth in the next five years. Productivity means the measure of output from production per unit of input, say labor. In the context of global business change there needs to be a sharp increase in productivity. The most direct approach to increasing productivity is automation and computerization which reduces the physical tasks that employees have to produce.
The second major global economic variable that has the potential of creating a global business change over the next five years is interest rates. On a macroeconomic scale interest rates determine the investment that will take place. If across the board the interest rates are lowered, investment will increase and this will increase the national income.
The third major global economic ...
Solution Summary
three global macro economic variables are discussed very comprehensively in this explanation..