What were the factors presented in the list that impressed the board in AutoEdge?


Lester Scholl’s administrative assistant calls you on Monday afternoon to set up a conference call between you and the chairman tomorrow morning to discuss the board’s reaction to your list and to discuss your next task. You call the number she gave you, and Lester joins the call shortly after.”I’m pleased with your work,” he says. The board was impressed with your list of factors. Your ranking made sense because your explanations were well-written. I suspect they read everything you sent because it was concise and clear. Good job.””Thanks,” you say, and you feel relieved that your first assignment was well-received.”Your list provided the basis for a good conversation about the manufacturing operations,” he says. “We want to know more about the economy of both countries to further inform our decision-making process.””That makes sense,” you say. “The United States and South Korea hold many distinct economic factors that may affect AutoEdges long-term financial performance.””Right,” he says. “Your research on the two economies will give the board enough information so we can advise the new, incoming CEO.””What should my research include?” you ask.”In your research, you must take into consideration several macroeconomic factors,” he says. “We want to see information about the gross domestic product (GDP), unemployment, interest rates, and inflation for both the United States and South Korea. Make sure your research is current; that is, no more than 6 months old.””I’ll get started right away,” you say.”Very good,” he says. “Let me know if you have any questions, and I’ll put you in touch with some of the other members of the board if I can’t provide the answers you need.””Great,” you say. “Thank you.”

As a content writer, you need to deliver quality work that is concise and clear. Your work must be well-written to be understood by your audience. In this scenario, you have done an excellent job, and your first assignment has impressed your employer, Lester Scholl, the incoming CEO.

Don't use plagiarized sources. Get Your Custom Essay on
What were the factors presented in the list that impressed the board in AutoEdge?
Just from $13/Page
Order Essay

Lester Scholl is impressed with the list of factors you provided in your first assignment for AutoEdge’s manufacturing operations, generating a good conversation about their operations. To inform the board’s decision-making process, he wants you to conduct research on the economies of the United States and South Korea, considering several macroeconomic factors such as GDP, unemployment, interest rates, and inflation, among others. Your research should be current, no more than six months old, and provide enough information to advise the incoming CEO. If you have any questions, Lester is available and can connect you with other members of the board who might have additional answers.

To conduct thorough research on the macroeconomic factors that may affect AutoEdges long-term financial performance in both the United States and South Korea.
To provide concise, clear information on the gross domestic product, unemployment, interest rates, and inflation for both countries.
To ensure that the research is current, no more than 6 months old.

Learning Outcomes:
Upon completion of this task, the learner will be able to:
1. Demonstrate knowledge of macroeconomic factors that may affect AutoEdges long-term financial performance in both the United States and South Korea.
2. Research and analyze the gross domestic product, unemployment, interest rates, and inflation for both countries.
3. Construct clear and concise written reports on the macroeconomic factors that will inform the decision-making process.
4. Identify reliable resources for current and accurate macroeconomic data.

Solution 1: Conduct a Comprehensive Research on the Macroeconomic Factors of the United States and South Korea

Now that AutoEdges has tasked you to conduct a comprehensive research on the economies of the United States and South Korea, it’s time to roll up your sleeves and get to work. To ensure your research is current as requested by AutoEdges and relevant to the company’s operations, below are the steps to take:

1. Collect data on the GDP of both countries from reputable sources such as the World Bank, International Monetary Fund, or central bank websites. Ensure that your data is not older than six months and investigate any fluctuations in GDP over the past few years.
2. Research on unemployment rates in both nations and retrieve data backdated for at least five years. Analyze the difference between the unemployment rate trend in the U.S. and South Korea and list out the potential factors that might be responsible for these trends.
3. Gather information on interest rates. You should compile data on the current interest rates in both countries and analyze how different rates can impact the manufacturing operations of AutoEdges.
4. Research inflation rates in both countries. Investigate the economic causes of inflation, how inflation influences AutEdges’s sales, and how it might impact the overall economy if inflation rates continue to increase.

Solution 2: Consult with Established Economists Who are Familiar with Both Nations’ Economies

While researching macroeconomic factors is a great initial step, there’s a higher chance that an expert would provide insight that would enhance the research’s value. As such, AutoEdges can liaise with renowned economists that understand the economic policies of these two nations to aid in the research. Here are steps to consider:

1. Compile a list of top-ranked economists in both the United States and South Korea. This list should contain economists who have written about or made valuable contributions to their countries’ economies.
2. Once AutoEdges’ management chooses who to consult, schedule a call or meeting with the chosen economists. Intimate them with the research project and prepare vital questions to ask.
3. Inquire from the economists, data that would strengthen the research. These could be data related to the industrial policies of both countries, how the labor market works and more.
4. After recording all insights from the economists, analyze the data collected and incorporate it into the research report.

Suggested Resources/Books:

1. Principles of Macroeconomics by N. Gregory Mankiw
2. Macroeconomics: Principles and Policy by William J. Baumol and Alan S. Blinder
3. Macroeconomics by Paul Krugman and Robin Wells
4. Macroeconomic Essentials for Media Interpretation by Alexander S. Peak
5. The Little Book of Economics: How the Economy Works in the Real World by Greg Ip

Similar Asked Questions:

1. What are the macroeconomic factors considered while assessing the financial performance of a company?
2. How does the gross domestic product (GDP) affect the company’s financial performance in the long run?
3. What is the significance of unemployment in the economic performance of a nation?
4. How does the inflation rate affect the economy of a country?
5. What is the relation between the interest rates and the financial stability of a company?

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
× How can I help you?