A Macroeconomic Outlook for AutoEdge
Phase 1 Individual Project
ECON616-1402B-03 Applied Managerial Economics
Lorena LaRue
Jenson Hagen, CPA, MFA
Colorado Technical University
May 25, 2014

Abstract
After a task of completing the most important factors for the relocation of AutoEdge from their current location, there is further research required by Lester Scholl to identify additional aspects regarding the economy of both respective countries, United States and South Korea. The board was appreciative of the last presentation being performed and requires additional information to achieve the decision required for the success of the facility. This information required by the organization contains facts concerning the gross domestic product (GDP), unemployment, interest rates, and inflation for both countries. They desire the information to be current within six months, so the organization can make the best decision possible for AutoEdge (CTU, 2014). Utilizing the economic factors of an organization will present the future for the organization and assist with the processes required to make the business a success.

A Macroeconomics Outlook for AutoEdge Within the process of business in our current society, there are many issues one must face, especially when participating in global business expansion practices. In the case of AutoEdge, there have been issues affecting the progress and growth of the organization because of international business issues in the selected country, South Korea. As mentioned previously concerning different factors one must consider in global business activities, the major factor to contemplate and analyze is the economic factor of global country in comparison with your residing country. This involves several indicators to be compared which are the gross domestic product, unemployment, interest rates, and inflation of both