Describe measurement methods for industry drivers why is


Measurements

Describe measurement methods for industry drivers. Why is measurement important to companies and industries? Some examples of uses of measurements are listed here:

  • External reporting
  • Budgeting
  • Performance measurements and assessment
  • Operations control and improvement
  • Strategy implementation evaluation


Choose an industry and identify three of its global drivers. How would you collect the necessary information to measure the impact of these drivers? How will this information be interpreted by companies in that industry?

The Future

What is the future of globalization? What do you personally think the greatest future challenge may be to global markets as we know them today? Is this the same type of challenge that led us from local markets to global markets?

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