ECO 550 Week 3 Discussion Question: "Managing in the Global Economy"

ECO 550 Week 3 Discussion Question: "Managing in the Global Economy"

Please respond to the following:

Evaluate the relationship between the European Euro crisis in 2012 and the American economy. Assess how this affects American businesses and decisions made by mangers related to sustainable profitability. Provide examples with your response.

Aside from maximizing profits, assess the factors that managers must consider when making the decision to outsource or integrate forwards or backwards considering which factor would be most influential for decision-making.