15 Mar Select at least five (5) economic variables from of the ones we have discussed in class, and conduct research to find real-world cases/scenarios in which companies were affected by each variable

BUS 330 – Final Case Study

In the second half of our class, we have been focusing on some key economic forces/variables

(e.g., interest rate, exchange rate, price fluctuations, unemployment, trade policies, etc.) that

affect organizations in different manners. A primary objective in this class is to enhance

students’ analytical and strategic decision-making abilities. In the context of this course, this

objective can partially be fulfilled by encouraging students to review, study, and learn about the

actions and initiatives that companies have taken to respond to different economic

forces/variables and more importantly, “a combination” of these variables.

Part 1

Accordingly, for this Final Assignment, you will select at least five (5) economic variables from

of the ones we have discussed in class, and conduct research to find real-world cases/scenarios in

which companies were affected by each variable (e.g., In 2012, Company X was affected by an

increase in exchange rates or, a new trade policy impacted Company Y) or, preferably, by a

combination of the selected variables (e.g., Company Z’s performance was harmed by increasing

inflation and unemployment rates in 2016). To analyze each case/scenario, you will address the

following:

 A brief description of the case with some background information about the affected

company.

 An analysis of how the economic variable(s) influenced the company.

 A description of actions taken by the company’s management to respond to and manage

the economic variables.

 A description of the results/outcomes.

 A list of some key lessons that students learned from the case.

Part 2

(a) Based on the materials that you learned in class regarding economic forces/variables, their

impacts, and implications for managers as well as the lessons that you learned from the above

cases, develop a general decision-making model for identifying, analyzing and assessing,

managing and responding to, and monitoring economic forces/variables that might influence

organizations. The format of your proposed decision-making model should be analogous to a

workflow diagram, illustrating the key steps, decision points, and processes involved in the

procedure. Your output for part (a) should be an illustration of a decision-making model with the

format of a workflow diagram. (b) Provide a paragraph to briefly describe and justify the

effectiveness of your model.

Adherence to APA formatting is required and the paper should be between 1500-2500

words in length and include a minimum of 3 references.