solution

What impacts do economic forecasts have on a firm’s functional areas? If management learns from the economic analysis of country A that wage rates are expected to increase by 10 percent next year, which functional areas of the firm will be concerned? Why will this be of concern to management? 2. When might a country’s level of economic devel- opment mislead a marketer? 3. What might the differences between economically developing and developed nations mean to an in- ternational company considering entry into a for eign market? 4. Why should managers of international companies be concerned about purchasing power parity? 5. What is the value of using data on GNI per capita and population density when analyzing the attractiveness of an economy? What limitations or potential prob- lems can arise when using these data in an analysis? 6. What social, political and economic conditions might signal the existence of a large underground