Project Description Essay
You have been working as an economic consultant, and you have seen a significant number of firms needing outside help to assist in business policy and formulation. Because of your strong reputation, you have just been hired as a consultant for one of the following organizations:
United Parcel Service (UPS)
For this particular project, you will be reporting to the executive officers in the organization (CFO, CTO, CIO, and CEO). Your task will be to evaluate the trade policies and economic variables that have a verifiable impact on the company’s global operations. It is important that you evaluate tactical and strategic components of the organization and make appropriate economic predictions and recommendations based on its current operations and your predictions. Your overall evaluation and analysis of variables that are impacting the organization will be presented to the officers of the organization. In your report, it is essential that you also include current economic events, predictions, and future recommendations for the organization.
After you choosing one of the five listed organizations to work for, you will need to write an economics paper that will be presented to the organization’s officers. The paper should be a minimum of 15 pages and a maximum of 20 pages, and the page counts below are suggestions only.
The point of your analysis and recommendations is to help the organization’s top management choose the best course of action for its global operations in light of your evidence and predictions.
Your report must include the following components:
1. Executive Summary (1-2 pages)
Your report should begin with a summary of the content. Your summary should outline what each section covers. The summary should provide enough information so the officers of the organization gain enough knowledge to develop a framework for the remaining content.
2. Introduction (2-4 pages)
The initial portion of your report should present an overall background of the organization in terms of domestic and international operations. Please make sure that the officers of the organization can have a thorough understanding of current operations from a transnational point of view.
3. Body (1-2 pages per area)
After reviewing the economic variables affecting the organization, please choose five areas below that you feel to be the most pertinent to your evaluation.
Please choose five of the following areas to include in your report: Cost reduction through the use of economies of scale
The impact of currency fluctuations on international operations Domestic and international issues related to labor and wages
Tactics and strategies affected by technology
The relationship between tariffs, pricing models, and manufacturing Integrating business operations in open or closed economies
The impact of fiscal and monetary policies on business operations Risk reduction through hedging, arbitrage, and currency management
Forecasting supple and demand from the perspective of domestic and international operations
How globalization has affected international business operations
Comparative advantage and the gains from trade
To effectively analyze these variables, you will need to conduct significant research and relate your findings in your report. It may be feasible to ask what economic conditions are affecting the organization today, and what the outlook is, based on your assessment.
4. Conclusion (2-4 pages)
In the concluding portion of your report, please summarize your overall conclusions. Based on your conclusions, How do you feel the company’s short- and long-term operations will be affected by future economic conditions and government trade policies? What solutions would you suggest to your organization to capitalize on opportunities you see or to mitigate or avoid unfavorable situations? What would be your action plan for the organization in each case? The officers of the organization would like you to include four recommendations, and you should incorporate all of the current economic conditions in your justification for the feasibility of future actions.
Your research report must use a minimum of 10 academic sources, including any combination of websites, articles, textbooks, news articles, and journal articles. Make sure to cite your sources using APA style.