\nVisit Below Link, To Download This Course:\n\nhttps://www.tutorialsservice.net/product/eco-202-module-1-slp-latest-trident/\n\nOr \nEmail us on\nSUPPORT@TUTORIALSSERVICE.NET\n\nECO 202 Module 1 SLP Latest-Trident\nECO202\nECO 202 Module 1 SLP Latest-Trident\nModule 1 – SLP\nPRODUCTION, UNEMPLOYMENT, AND INFLATION\nChoosing a Reference Organization\nFor the Session Long Project, you will be asked to select an organization to use as a focus for your application of economic ideas. You must use the same organization for all 5 SLPs.\n
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ECO 202 Module 1 SLP Latest-Trident
ECO 202 Module 1 SLP Latest-Trident
Module 1 – SLP
PRODUCTION, UNEMPLOYMENT, AND INFLATION
Choosing a Reference Organization
For the Session Long Project, you will be asked to select an organization to use as a focus for your
application of economic ideas. You must use the same organization for all 5 SLPs.
Just below is a link to a listing of 27 companies, all have common stock that has been issued to the public
(called a public corporation), and all are on the most widely used index of how well or poorly the general
stock market is doing, the S&P 500 Index.
In the left column is the trading symbol of the company, if you have seen a stock ticker these are the
symbols that crawl by. The next column is the company name, and the third is a brief identification of the
industry the company is a part of. I have provided companies from several different industries so that you
have a good variety from which to choose.
Using Google will be an excellent way of finding out more details of what the main business is of the
chosen company, and other general information that will be useful for the assignment. If you know how to
use a financial data base you can use the trading symbol to access information, but this will not be
necessary so do not worry if you do not know how to do this, the use of Google should be more than
For the Module 1 component of the Project, please address the following questions in a 2 to 3-page MS
1. Identify and briefly describe the organization you are going to use. Why do you think it will be an
interesting focus for your application of macroeconomic ideas?
2. Select three macroeconomic indicators from the link below that you feel have the greatest impact
on the operations and/or planning for your SLP organization. Remember that an economic
indicator measures a change in the general or in a specific aspect of the economy and you
should be assessing how each macro-economic change you have chosen affects your company.
3. Explain why they are important to the current or future condition of your organization.
For this Module, think about macroeconomic indicators of performance, and how recent changes in these
indicators have affected the performance of your organization. For example, how does the change in
GDP affect the sales, profitability, expansion plans or competitiveness of your organization. Or, as
another example, has the rise in the national rate of unemployment had any affect on your organizations’
operational performance or management decisions?
Below are three examples of what is required for this assignment. The first two are examples of correct
approaches and the third is an example of an incorrect approach.
Sample Mini-Analysis (1):
My organization is a beauty shop/spa that caters to middle class women. With the recession and rise of
unemployment the shop has had decreased revenue and profit. This has been particularly true of the spa
part of the business because that is more of a luxury service than the simple haircut and coloring end of
Notice that the primary focus was on how this macroeconomic indicator has affected the business. This is
a good example of the approach to take.
I will begin with the Employment Cost Index (ECI) and why it is important to the well-being of TLMP.
Companies such as TLMP must be able to anticipate inflation and the impact it will have on currency
exchanges and how that would impact their international production and trade. The reason ECI is of less
importance to TLMP then some of the other indicators, is because it is a lagging indicator. Albeit
important, it is not an indicator that will provide advance data that would allow TLMP to make a change in
plans to account for an anticipated change in economic policy.
Notice that the above emphasizes the effect the ECI will have on the costs to TMLP and management
has to engage in planning if these costs are expected to increase. It also demonstrates that even though
ECI is an important index it is limited in its ability for TMLP management to use it because it does not
provide the data in time for the company to use it for its planning. This is a good example of the approach
Sample Mini-Analysis (3):
The management of Pleble Corporation uses the Retail Sales report for its planning. They compare the
sales of Pleble on a month to month basis, and break it down by its various product lines to spot where
sales are falling or increasing.
Notice that this is NOT a correct focus. There is an important macro-economic indicator called the Retail
Sales Report but the above analysis, after mentioning it, goes into a discussion of Pleble’s sales report,
and that is not a macro indicator because it is only about one company, not the entire economy. The
proper focus would have been to utilize the national sales report in a way that would have helped Pleble
management to forecast where their sales may be going in the near term future. For example, the
downward trend of retail sales over the past 5 months indicates that Pleble should reduce their inventory.
There are literally thousands of macro-economic indicators that are reported. Keep in mind that a given
organization, such as a home builder, may be affected by housing starts, even though that indicator may
have no effect on a defense contractor. The link to Investopedia lists 25 of the most commonly used
SLP Assignment Expectations
Length: 2–3 typed and double-spaced pages.
In addition to the overall quality, depth, grammar, and organization of the paper, the following will, in
particular, be assessed:
2. Use of appropriate citations.