Chapter 8 IB decision-aids

Overview
Managers need to comprehend the types of macroeconomic data and information that can be used to evaluate opportunities, costs, and risks associated with operating in foreign locations. The economic policies of governments have the potential to influence the performance and profitability of the international operations of global factory networks.

 

Activity description
Go to the website and select a country to access macro economic data that can be used to evaluate the economic dimension of the country.

 

Consider

  • What income group is the country categorised?
  • What is the size of the economy in terms of GDP and GNI per capita?
  • What is the projected change in the national economic size?
  • What is the level of inflation?
  • What is the poverty index?
  • Other relevant economic data?

 

Visit the following website:
https://data.worldbank.org

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