DQ Responses

Subject: Marketing Strategies

Q1. Please read the below paragraph and write your opinion whether you agree or not?

Note: 150 words with intext citations and references must.

United States has been the game changer of the market in almost all the times and leading the change which the global economy has been following. In the recent times, emerging market of China can be seen weakening the role of United States in the global economy. The driver can be seen shifting from the position and fluctuate over time from the performance graphs. U.S. economic activities are the basis of cyclic developments in the global market but looking towards the future, the country can be seen shifting from the position and their role in the international market (Jordà, 2019).

U.S. financial policies can be seen discouraging the financial market and the position of the US economy and growth in the rest of the world. Value chain activity mostly is conducted in the US multinational companies and can represent the US value added systems but the growth setbacks have been harsh for the country (Spring, 2017).

Q2. Please read the below paragraph and write your opinion whether you agree or not?

Note: 150 words with intext citations and references must.

As the world’s super power United states of America plays a vital role in the global economy. It is single largest economy in terms of market exchange rates and accounts for 22% of global output and over a third in stock market capitalization. With nearly $21 trillion of GDP and world’s third largest population it accounts for 11% of global trade. Trade accounted for 28 percent of U.S. GDP in 2015, considerably less than the average for other advanced economies (70 percent) but significantly larger than in the 1980s (18 percent). The United States is the world’s single largest importer and exporter of goods and services, and the largest exporter and importer of business services. Trade with USA accounts for a sizeable amount of GDP for countries like Canada, Mexico, Asia, Africa etc. “Many other nations have lower labor costs than the United States, which allows them to export goods that require a lot of labor, such as shoes, clothing, and textiles”. Despite the mutual advantages of global trade, governments often adopt policies that reduce or eliminate international trade in some markets. Historically, the most important trade barriers have been tariffs (taxes on imports) and quotas like limits on the number of products that can be imported into a country. In recent decades, however, many countries have used product safety standards or legal standards controlling the production or distribution of goods and services to make it difficult for foreign businesses to sell in their markets.

Subject: Principles of Data Management

Q3. Please read the below paragraph and write your opinion whether you agree or not?

Note: 200 words with intext citations and references must.

Towards achieving agility, improved processes, and enriched decisions, the success of an organization is hinged on the premise that decisions should be made in the shortest time possible even as they ensure their systems are in line for the decisions to be effectively implemented. As Ode & Ayavoo (2020) explains, the sooner an organization can make its decisions, the faster it will be to develop strategies to respond in tune to the needs in the market. These decisions will most likely be enriched to accommodate most variables cementing the organization's structure. While there are arguments by Goleman & Boyatzis (2017) that organizations may need to adopt emotional intelligence as well in their systems which is a different form of practice altogether, the agility of knowledge management systems remains unrivaled especially in organizations. This makes Knowledge Management a relevant practice.