Individual Report Assignment Example | Topics and Well Written Essays - 2000 words - 1

Individual Report - Assignment Example ts that are usually given a high sense of priority, when analyzing the economic status of a country in relation to its fitness for business activity (Mohr, 2011). In this research, the discussion will be based on an analysis of three major economic indicators; the currency value against the US Dollar, inflation and economic growth rate measured in Gross Domestic Product and how they will affect the multinational company that intends to expand the provision of its services and products to other parts of the global business environment. Economists have asserted that a nation’s economic indicators are usually voluminous statistical information that are provided by governments, non-governmental organizations as well as the economic agencies charged with the responsibility of undertaking economic analyses (Mohr, 2011). This information has proved beneficial to not only local companies, but also multinational companies that aspire to expand their services to these countries. According to the Federal Reserve Bank of the United States, information regarding the country’s Gross Domestic Product has been crucial for the government owing to the fact that it assists in making adjustments of the existing economic policies (Berlatsky, 2013). In this regard, multinational and SME’s are usually subjected to scenario where they have to keep up to date with the existing economic policies in order to adjust their operations. The Federal Reserve Bank of the United States indicates that Gross Domestic Product of a nation is basically the value of services and products within its markets, generated within a specific period of time (Berlatsky, 2013). This information is usually released to the general public on a quarterly basis together with some revisions that may be provided within a period of ten weeks after the real of GDP information. Information regarding this data is usually accompanied with explanatory data that provides reasons for an increase in GDP or the reasons why