The Economic Environments Facing Business参考.ppt

International BusinessEnvironments Operations 14e Daniels ● Radebaugh ● Sullivan Chapter 4 The Economic Environments Facing Business Learning Objectives To communicate the importance of economic analysis To discuss the idea of economic freedom To profile the characteristics of the types of economic systems To introduce the notion of state capitalism To profile indicators of economic development, performance, and potential Introduction Learning Objective 1: To communicate the importance of economic analysis Introduction Managers assess a country’s economic environment knowing Countries differ in different ways Economic and political changes alter market circumstances It is important to understand connections, change, and consequences The challenges of the comeback Choices of citizens, policymakers, and institutions International Economic Analysis A universal assessment of economic environments is difficult because it is difficult to stipulate a definitive set of indicators to estimate the performance and potential of a country’s economy today’s set of perfect measures may prove imperfect tomorrow interdependencies complicate interpreting the relationship among elements of the economic environment International Economic Analysis Economic Factors Affecting International Business Operations Economic Freedom Learning Objective 2: To discuss the idea of economic freedom Economic Freedom Economic freedom – people have the right to work, produce, consume, save, and invest the way they prefer measured across business freedom, monetary freedom, fiscal freedom, investment freedom, freedom from corruption, property rights, trade freedom, government size, financial freedom, and labor freedom Economic Freedom Economic Freedom by Region, with Population Economic Freedom Global Distribution of Economic Freedom Value of Economic Freedom Economic freedom affects Growth rates Productivity Income levels Inflation Employment Life expectancy Literacy Political openne