The World Bank is currently advising newly industrialized countries on how to en

Question

The World Bank is currently advising newly industrialized countries on how to encourage growth and they have asked for your help.
• Using the Internet, library and/or other resources, research and briefly explain 2–3 methods currently being used to encourage economic growth for the typical firm in Hong Kong and for the typical firm in Singapore.
• Which of these methods of encouraging growth would you suggest for the typical company in Hong Kong and Singapore?
• Explain the rationale for your choice.

Explanation / Answer

1. The firms can form agglomerations which will not only enhance their productivity but would also proliferate their profits as their costs of production would be greatly reduced.

2. The firms should move from labor-intensive to capital intensive techniques of production so that per capita capital could rise which will inherently increase the per capita output and hence income.

3. Also the firms require to improve the threes social conditions of innovative investment viz. strategic decisions,financial commitment and organizational integration so that their new capital projects could generate suffice profits to keep the shareholder's value.

I would suggest the third method of maintaining the strategic decisions,financial commitment and organizational integration for a typical company in HongKOng and Singapore

The rationale behind this that the prime motto of the company's should be to maximise the shareholder's value which could be done by combining these three social conditions of innovative investment viz,strategic decisions,financial commitment and organizational integration

Related Questions

Navigate

• Browse (All)
• Browse T
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.