1. The major world economies are beginning to plan for a time when the corona virus will not impinge on normal business activity. That time may be some months away.
You are employed by a major international company. Its headquarters are in Italy. The company sells its products mainly in the euro zone, but it also has a good presence in the United States.
You have been asked by company management to assess various international finance factors that are expected to affect the company in the next year.
Issues that were discussed in the last management meeting include,
1. Built up demand for products people unable to make purchases because they were not working or living on unemployment insurance.
2. The likelihood that taxes will rise, perhaps significantly, tamping down consumer demand.
3. Your company makes luxury goods. It has always seen itself as operating in a special market. What are the prospects for luxury goods as the pandemic winds down?
Some rules of the road:
1. See what the Wall Street Journal says on these issues. Opinions get old fast and may not have been accurate to begin with.
2. Pay special attention to factors and trends that company management may not have been pursuing over the last year or two.
3. Avoid vague generalizations and opinions. Stay away from blog posts.
4. Do not waste time giving vague, useless advice. For example, We should do more research and development (R&D). Or, We should look for opportunities. You must give specifics on opportunities and R&D areas.
5. Look for opportunities. This could involve specific new products, new services, new revenue streams, etc.
6. Management expects you to turn in a paper with good support that is clear and specific. Failure to do so may be career limiting.
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