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Economics
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Discuss the significance of economic development to international marketing. Why is the knowledge of economic development important in assessing the world marketing environment? Explain.

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Retselisitsoe Pokothoane
Retselisitsoe PokothoaneLv10
28 Sep 2019

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1. Recent news reports blame the slump of the global economy primarily on the fall of the price of petroleum and the unexpected decline of the Chinese economy. China has the second-largest economy but a recent downturn is sending a ripple effect across the world (see: http://www.telegraph.co.uk/news/worldnews/asia/china/12107990/Why-China-threatens-the-world-economy-in-90-seconds.html).

In an increasingly globalized world, where countries are becoming more reliant on each other, what role, if any, should International Bodies such as the World Trade Organization or other governments play in ameliorating a country's economic downturn?

2. While the United Nations encourages economic prosperity, it points that that a flourishing economy should be in and of itself the goal of any particular economy. The Human Development Index (HDI) was created to emphasize that expanding human choices should be the ultimate criteria for assessing development results. (see: http://hdr.undp.org/en/faq-page/human-development-index-hdi#t292n36http://hdr.undp.org/en/faq-page/human-development-index-hdi). The report

The HDI is broken into three criteria: Long and Healthy Life, Knowledge, and a decent standard of living (see: http://hdr.undp.org/en/content/human-development-index-hdi).

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NEED ORIGINAL ANSWER .... "IT Strategies" Please respond to the following: •Reflect upon the IT strategies that are used to encourage economic development. Select two strategies and discuss how economic factors affect the strategies that a government may use to facilitate economic development. •Choose the strategies that seem to be complementary to one other and could be implemented simultaneously. Justify your response.........................................................................................................................................

"Strategy Methodology" Please respond to the following:

Using the three-step process for assessing the IT organization, determine the impact of economic factors at the enterprise level for each step.

Give your opinion as to which critical element of strategy (people, process, or technology) is the most important. Justify your answer

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