Friday, October 25, 2019

Managing Global Expansion Essay -- Business Case Study

This paper examines some of the economic and legal factors that can affect a company as it transitions from a private to a publically owned company. This paper, consisting of four sections; describes, discusses, and analyzes the major concerns that the owners of XYZ Construction, Incorporated have on expansion and economics. Section one covers the macroeconomic factors that influence the operations of the company. Section two focuses on the microeconomic factors that XYZ Construction, Inc. should consider in the domestic and global markets. Section three dissects the legal considerations that are relative to equipment leases and electronic contracts. Finally, section four will examine the employment and labor considerations that XYZ Construction, Inc. must consider as the company grows both domestically and internationally. Section One - Operational Macroeconomic Factors Economics is a multifaceted topic, which is integrated into businesses in different ways, while this is a large topic it can be dissected into two categories macroeconomics and microeconomics (Executive, 2011). Executive (2011) defines macroeconomics as the study of the overall economy which covers topics such as inflation, employment rates, and economic expansion. Macroeconomics examines multiple factors, which can affect multiple markets simultaneously (Executive, 2011). For example, the business cycle is a dynamic topic that can affect multiple economies thus making it a huge macroeconomic topic of concern. Executive (2011) defines the business cycle as period of expansions and recessions in which the United States has experienced since the nineteenth century. An expansion period is defined as a time when the production and employment totals ... ...8180 Executive (2011). Executive concepts in business strategy. Boston, MA: Pearson Learning Solutions. Ingram, D. (2011, September 07). The effects of minimum wage from a microeconomic perspective [Business and Workplace Regulations]. Retrieved from http://smallbusiness.chron.com/effects-minimum-wage-microeconomic-perspective- 4859.html Odhiambo, N. (2011). The role of interest rate reforms in Lesotho: An empirical investigation. Journal of Applied Business Research, 27(4), 69-77. Retrieved from http://search.proquest.com.proxy1.ncu.edu/docview/880069378/131A7212E104929119B /3?accountid=28180 Veatch, W. S. (2008). Software leasing revisited: Proposal for a UCC article 2A â€Å"software finance license†. The Journal of Equipment Lease Financing, 26(3), 1-14. Retrieved from http://search.proquest.com/docview/214623771?accountid=28180

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