1. NOTE: To change the image on this slide, select the picture and delete it. Then click the Pictures icon in the placeholder to insert your own image. AUTO EDGE TRANSITIONING FOR SUCCESS PHASE 5 INDIVIDUAL PROJECT KENNETH C HOLMES ECON616-1601B-02 PROFESSOR KENRETT JEFFERSON-MOORE MARCH 21, 2016

2. U.S. ECONOMY National deficit Trade balance International investment position Gross Domestic product (GDP) Employment and Unemployment Interest rates Inflation

3. SOUTH KOREA ECONOMY A brief introduction Trade balance Gross Domestic product Employment Unemployment Interest rates Inflation

4. U.S. SWOT ANANYSIS Strengths Weaknesses Opportunities Threats

5. SOUTH KOREA SWOT ANANYSIS Strengths Weaknesses Opportunities Threats

6. AUTO PARTS INDUSTRY ELASTICITY What is elasticity? Relatively inelastic Relatively elastic Unitary elastic Perfectly elastic Perfectly inelastic Auto parts industry elasticity

7. AUTO PARTS INDUSTRY MARKET STRUCTURE Perfect competition Monopoly Oligopoly Monopolistic competition The auto part industry market structure

8. COSTS ASSOCIATED WITH PRODUCTION Cost of production Fixed costs Average fixed cost Variable costs Average variable costs Total variable costs Average total cost Marginal cost

9. ECONOMIES OF SCALE Economies of scale Internal economies of scale External economies of scale Economies of scope Diseconomies of scale Achieving economies of scale

10. GLOBALIZATION FACTORS Legal Political Social Cultural Economic Financial

11. GLOBALIZATION RISKS Outsourcing Currency exchange rate Cost of production vs return Net Present Value Cost Benefit Analysis Political

12. AUTO EDGE TRANSTIION DECISION TIME Conclusion Recommendation NAFTA provisions NAFTA recommendations Final note

13. REFERENCES Jefferson-Moore, K. (2016, February 17). Retrieved from ECON 616 Unit 1 live chat: www.ctuonline.edu/econ616-1601B-02/unit1/livechat2 Jefferson-Moore, K. (2016, February 22). ECON 616, Live Chat 2. Retrieved from CTU online: www.ctuonline.edu/econ 616/live chat 2 Jefferson-Moore, K. (2016, February 29). ECON616 Unit 3 Live Chat. Retrieved from CTUonline.edu: www.ctuonline.edu/econ616 unit 3 live chat Jefferson-Moore, K. (2016, March 7). ECON 616, Live Chat 4. Retrieved from CTU online: www.ctuonline.edu/econ 616/live chat 4 Jefferson-Moore, K. (2015, March 16). ECON 616, Live Chat 5. Retrieved from CTU online: www.ctuonline.edu/econ 616/live chat 5 Mohnke, T. (2013, May 16). Price-Elasticity and Service Parts Volumes – Like Comparing Apples and Oranges. Retrieved from PROS: the business to business pricing and sales blog: www.pricingleadership.com/price-elasticity-and-service-parts... N.A. (2012, March 28). Country Profile South-Korea. Retrieved from GLOBALTRADE.NET: www.globaltrade.net/f/business/text/South-Korea/Business... N.A. (2012, April 12). NAFTA. Retrieved from NAFTANOW.ORG: www.naftanow.org

14. REFERENCES N.A. (2016). 2015 Economic Statistics and Indicators. Retrieved from ECONOMY WATCH: Follow the Money: www.economywatch.com/economic-statistics/year/2015 N.A. (2016). Cost/Benefit analysis. Retrieved from ECON 616 Intellipath: www.ctuonline.edu/econ 616/intellipath/cost benefit analysis N.A. (2016). Definition of Pricing. Retrieved from Unit 2 Intellipath: Inefficiencies and Market Structure: www.ctuonline.edu/unit 2 intellipath/inefficiencies and market structure N.A. (2016). Economies and Diseconomies of Scale. Retrieved from ECON 616 Intellipath: www.ctuonline.edu/econ 616/intellipath/economies and diseconomies of scale N.A. (2016). Globalization. Retrieved from ECON 616 Intellipath: www.ctuonline.edu/econ616/intellipath/globalization N.A. (2016). Outsourcing. Retrieved from ECON 616 Intellipath: www.ctuonline.edu/econ 616/intellipath/outsourcing N.A. (2016, February 19). Today's Interest Rates. Retrieved from Market Watch: www.marketwatch.com/tools/pftools N.A. (2016). U.S. Economy at a Glance: Perspective from the BEA Accounts. Retrieved from Bureau of Economic Analysis: bea.gov/newsreleases/glance.htm