Eco561 week 6 signature assignment challenges of expansion to a

Prepare a minimum1,750-word report addressing the points listed below. The use of tables and/or charts to display economic data over the time period discussed is highly encouraged, you may submit any economic data in Microsoft® Excel® format in a separate file. You may use the U.S. Department of Labor’s Bureau of Labor Statistics (BLS), U.S. Dept. of Commerce’s Bureau of Economic Analysis (BEA), the Federal Reserve of St. Louis’s FRED data, the CIA World Fact Book, World Bank data, and World Trade Organization, or other appropriate sources you might find on the Internet or in the University Library. The new sections of your report should:

• Evaluate current global economic conditions and their      effects on macroeconomic indicators in your selected country. Provide      forecasts for population growth, gross domestic product (GDP) growth, GDP      per capita growth, export growth, and sales growth.
• Evaluate any competitors’ existing production in the      chosen country.
• Assess sales forecasts in the selected country by using      the Federal Reserve of St. Louis’s FRED data, the CIA World Fact Book,      World Bank data, World Trade Organization, or other appropriate sources      you might find on the Internet or in the University Library.
• Categorize the type of economy that exists in your      selected country as closed, mixed, or market.  What is the difference      between these types of economies and how might this affect your expansion?
• Assess how your chosen country’s current credit market      conditions, especially interest rates and the availability of financing,      affect demand for your product or service and your planning or operating      decision for your production in that country.
• Analyze the role of the selected country’s central bank      on that country’s economy.
• Compare the availability, education, and job skills of      the work force in the selected country. Discuss any additional challenges      of international production, such as political stability, availability of      government financing or other incentives, threat of capital controls, and      exchange rate risks.
• Explain any additional supply chain challenges you      anticipate if attempting to make your product in your chosen country and      selling the product in other countries.
• Based on the data gathered and analysis performed for      this report write a conclusion in which you:
  • Create business strategies, including price and       non-price strategies, based on your market structure to ensure the market       share and potential market expansions and explore global opportunities       for your business in a dynamic business environment and provide       recommendations.
  • Develop a recommendation for how the firm can manage       its future production by synthesizing the macroeconomic and microeconomic       data presented.
  • Propose how the firm’s position within the market and       among its competitors will allow it to take your recommended action.
  • 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 your company will       have over competitors currently operating in that country, and defend       your position, either for or against, expanding your company’s production       into your chosen country based on your research. 

Integrate with the Week 3 Individual Assignment, and incorporate corrections and suggestions from the instructor’s feedback. The final report should be a minimum of 2,800 words. 

Cite a minimum of three peer reviewed sources not including the textbook. 

Include all peer-reviewed references and government economic data sources/references from Week 3. 

Format your assignment consistent with APA guidelines.