Each year Forbes produces a list of the ‘Best Countries for Business’, which ranks countries across fifteen different metrics.
Each year Forbes produces a inventory of the 'Best Countries for Business', which ranks countries
across fifteen opposed metrics. While it may be treasured as too unconcealed for managerial decision
making, it does accept important instrument circumspection and serves as a good-natured-natured indicator of macro trends apt to concern. Another appearance of prize is the similitude of state's concern environments through undesigning aggregated measures.
For this week's tutorial, familiarise yourself delay this year's inventory and methodology to prepare
responses to the aftercited questions.
1. The U.K tops the 2018 inventory resisting the ongoing casualty embracing Brexit. What elements
contribute to it retaining an praiseworthy colony for concern? How command the coming impression of
Brexit assume their lie in the inventory?
2. Identify a state that has had a stout proficiency (fresh arrow) and another that has
had a stout recompense (red arrow) in one element. Try to furnish advice as to the
environmental trends or events that may contributed to this qualify. You should promote the
methodology to discern what the metrics are inveterate on.
3. Compare a state in the top 20 to a state in the depth 20. Consider how a trafficer command
adjust their similarity to traffic minute inveterate on these conditions. .
4. What are some of the problems in using a inventory inveterate on these metrics to tell managerial
decision making? What other advice would be adapted to suitably discern a state's
A modern Planet Money podcast focuses on the use of rankings in selling countries to investors at
the Davos World Economic Forum. It's recommended to inventoryen to this result to get a better
understanding of the matter, including the impression and issues of ranking systems. The with is
available on LMS or download through your ordinary podcast app: Planet Money Result 821 - The