The case is on a book, which is used for globalization and for Managers, is a 6-chapter book published in 2013 by the Business Specialist Press and composed by Dr. Paul Torelli, chief economist at Quantitative Social Science. The writer clarifies that, because of the impact of globalization, new technology, and international trade, company managers need to understand basic economic concepts to make well rounded choices. To that end, this book summarizes the conceptual basis of economic globalization. He clarifies the core models of economic theory related to managers and how these theories provide a framework for interpreting the international economy.
He also shares insight on using the novel in management classes and implies complementary readings including case studies. For more, see Chapter 4 “Industrialization, Globalization, and, Labor Markets” (32 pages), considers the impact of a growing economy. The writer looks at a country's transition from a service economy to a manufacturing economy through the framework of the Lewis Model of Development and also reviews criticisms of the model. He contemplates the variables of population growth, economic diversification, capital that is managerial, industrial policy, and wage levels.
Publication Date: 11/01/2013
This is just an excerpt. This case is about Finance
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