In: Economics
Evaluate the current global economic conditions and
their effects on macroeconomics indicators for ExxonMobil. provide
forecasts for population growth, gross domestic product growth, GDP
per capita growth, and sales growth.
Evaluate any competitors existing production in China.
Assess sales forecasts in China using the Federal reserve of St.
Louis's FRED data.
Categorize the type of economy that exists in China as closed,
mixed,or market. What is the difference between these types of
economics and how might this affect your expansion.
Assess how China's current credit market conditions are, especially
interest rates and availability of financing, affect demand for
your products or services and your planning or operating decision
for your production in China.
Analyze the role of China central bank in China's economy.
compare the availability ,education, and jobs skills of the work
force in China. Discuss other possible challenges of international
prduction.
Explain additional supply chain challenges you anticipate.
Based on the data gathered create an analysis:
create business strategies including price and non price strategies based on market structure
develop a recommendation for how long the firm can manage its future production by synthesizing the macroeconomic and microeconomic data presented
propose how the firms position within the market and among its competitors will allow it to take your recommended actions
recommend strategies for the firm to sustain its success going forward by evaluating the findings from demand trends, price elasticity,current stage of the business cycle and government
recommend any comparative advantages ExxonMobil will
have over competitors currently operating
in China defend your position.