Analyze the economic and sociological forces that drove the market equilibrium to unsustainable heights and the shocks that brought the markets back down.

PART A

 

Resources: Trust and Partnership, Ch. 11, The Quest for Global Dominance, Ch. 5, and Assessment Questions Chart Template

 

Refer to the “Criteria for Assessment of the Firms Global Network” found on pages 108 and 109 in Chapter 4 of The Quest for Global Dominance.

 

Brainstorm a series of five to seven questions that you would ask to answer each one of the questions found in this assessment. 

 

Complete the Assessment Questions Chart Template in 350 to 700 words.

 

Please see attached template to complete

 

 

 

https://phoenix.vitalsource.com/#/books/9781119097457/cfi/6/28!/4/2/2/2/2@0:0.00

 

https://phoenix.vitalsource.com/#/books/9781118853528/cfi/6/38!/4/2/2/2/6@0.00:0.00

 

PART B

 

As a manager, it is important to understand how the business cycle affects supply and demand, prices, and how economic shocks will impact your company’s markets, supply chain, and financing. The recent collapse of the housing market, the near failure of our financial system, the wild swings in commodity and stock prices, and the deep recession of 2007-2009 provide a virtual laboratory for the study of the economic shocks and stabilization measures taken to restore equilibrium.

 

Create a 400-word analysis based on the team’s assigned market in which you include the following:

 

  • Analyze the economic and sociological forces that drove the market equilibrium to unsustainable heights and the shocks that brought the markets back down. What might be done to moderate the effects of these economic swings?

 

Cite a minimum of ONE peer reviewed sources not including the text.

 

Format the assignment consistent with APA guidelines.

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