What are the major types of published data that managers can use to compare countries? Describe the tools available to managers for making country comparisons.
What are the major types of published data that managers can use to compare countries?
Writing Assignment for Unit One
· Include your name, student umber, course number, course title and unit number with your writing assignment.
· Begin each writing assignment by identifying the question you are answering followed by the actual question itself (in bold type)
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Please cite the textbook 2 times for this easy.
Please use and reference the book for your information to answer the question.
(H) International Business- Environments & Operations John D. Daniels, Lee H. Radebaugh, & Daniel P. Sullivan, 2018 Pearson
ISBN.13: 978-0-134-20005-7
Please answer the following:
What are the major types of published data that managers can use to compare countries? Describe the tools available to managers for making country comparisons.
What are the major types of published data that managers can use to compare countries? Describe the tools available to managers for making country comparisons.
Making comparisons between countries is an important task for managers. In order to make informed decisions, they need to be aware of the similarities and differences between countries. Published data can be a valuable tool for making these comparisons. In this blog post, we will describe the major types of published data that are available to managers.
We will also discuss the tools that are available to them for making country comparisons.
One of the most important types of published data that managers can use to compare countries is economic data. This data can provide insight into a country’s GDP, inflation rate, unemployment rate, and other important economic indicators.
Another important type of data is demographic data. This data can help managers understand a country’s population size, age distribution, income level, and other important characteristics. Additionally, political data can be helpful in understanding a country’s government structure, legal system, and international relations. Finally, cultural data can be useful in understanding a country’s values and beliefs.
There are several tools that managers can use to compare countries. The World Bank Country Profiles is one such tool. This website provides users with access to economic, demographic, political, and cultural data for countries around the world.
Additionally, the United Nations Statistics Division provides a variety of country comparison tools on their website. These tools allow users to compare countries across a variety of indicators, including population size, GDP, and life expectancy.
Making comparisons between countries is an important task for managers. In order to make informed decisions, they need to be aware of the similarities and differences between countries. Published data can be a valuable tool for making these comparisons. In this blog post, we have described the major types of published data that are available to managers. We have also discussed the tools that are available to them for making country comparisons. With this information, managers will be better prepared to make informed decisions about which countries to do business with.
Sources:
The World Bank Country Profiles:
data.worldbank.org/country
Raw material commodity prices: Stable with some divergence
Cotton prices have been supported by strong global demand, but ample supplies are likely to put a cap on prices.
Although cotton prices retreated recently, they are up 15% in 2022Q2 (q/q) and 70% higher than a year ago. Global demand for cotton, which exceeded 26 million metric tons (mmt) during the 2021-22 season, is expected to stay at similar levels in the upcoming 2022-23 season, which begins in August.
Strong post-pandemic demand exerted some downward pressure on cotton inventories, but they remain high by historical standards. Global production is expected to increase 3.7% next season, on top of the nearly 5% growth during the 2021-22 season, but there are significant regional trends.
In the United States, production is projected to decline by nearly 6% as farmers switch to food crops, whereas gains are anticipated in other key suppliers: Brazil (3.9%), China (1.9%), India (12%), and Pakistan (3.3%). Following a projected increase of 40% this year, cotton prices are expected to ease in 2023 as new supplies reach the market.
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