The International Monetary Fund (IMF)

Description

  1. According to the International Monetary Fund (IMF), which country generates more economic output than any other? What are the implications for companies?
  2. What country in Africa recently surpassed South Africa in annual GDP (gross domestic product)? What are the implications for companies?
  3. What country in Africa has the highest Internet penetration among all countries? Hint: Its Internet penetration rate is 51 percent vs. Egypt’s 36 percent and South Africa’s 17 percent. What are the implications for companies?
  4. According to the chapter, which country recently achieved its goal of having the most business-friendly tax system of the Group of Seven (G-7) nations (Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States)? What are the implications for companies? Use this site: https://www.doingbusiness.org/en/rankings
  5. According to the chapter, which country recently achieved its goal of having the most business-friendly tax system of the Group of Seven (G-7) nations (Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States)? What are the implications for companies?
  6. Explain how awareness of business culture across countries can enhance strategy implementation. Regarding culture across countries, go to http://www.worldbusinessculture.com/ and summarize at least three business cultures in countries other than America. Compare and contrast U.S. versus foreign cultures in terms of doing business.
  7. Summarize “Protectionism” and explain the pros and cons of such an ideology, and your analysis of America’s move toward being “more protectionist”.

part 2

Go to the author’s website at www.strategyclub.com and view the video for Chapter 9

  1. Explain the three major activities involved in strategy evaluation.
  2. Do a google search on “Balanced Scorecard” and images for corporate balanced scorecards. Be sure to include a Balanced Scorecard in your comprehensive case analysis. Summarize the main features here including a comprehensive diagram.
  3. Explain why companies continually evaluate their strategies, rather than waiting for the end of the quarter or fiscal year to engage in the three core strategy evaluation activities discussed in this chapter.
  4. Identify and discuss five characteristics of effective strategy evaluation.

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