Principles Of Operations Management
Principles Of Operations Management
11th Edition
ISBN: 9780135173930
Author: RENDER, Barry, HEIZER, Jay, Munson, Chuck
Publisher: Pearson,
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Chapter 2, Problem 3P
Summary Introduction

To determine: Ranking for global competitiveness in the following nations

Introduction:

The global competitiveness of a nation is the different policies and economic reforms. The index will assess the reforms which are aimed at improving the prosperity of the citizens every year. It will also assess how productively a country is utilizing its resources.

They measure the factors that create the sustainable trend and reforms that help to create an increasing prosperity for the citizens. They are scored from 1 to 7 where 7 being the highest score of competitive index.

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The Business Development Bank of Canada. (2023). Canadian economic outlook for 2024: Shifting into neutral. https://www.bdc.ca/en/articles-tools/blog/canadian-economic-outlook-for-2024-shifting-into-neutral “Despite persistently high inflation and rising interest rates, the news was generally better than expected for the Canadian economy in 2023” (BDC Blog 2024). Discussion Question: In your view, what are the most pressing problems for Canadian companies or consumers in 2024? Explain your answer using current examples of companies or consumer concerns.
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