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The CEO has asked you and Jane to create a chart that he might use as part of his decision process in deciding what countries in which to locate overseas factories. He also wants an accompanying recommendation summary from an HR perspective.

Sep 3, 2021 | Business Finance - Economics | 0 comments

Sep 3, 2021 | Business Finance - Economics | 0 comments

The CEO has asked you and Jane to create a chart that he might use as part of his decision process in deciding what countries in which to locate overseas factories. He also wants an accompanying recommendation summary from an HR perspective.

The CEO has asked you and Jane to create a chart that he might use as part of his decision process in deciding what countries in which to locate overseas factories. He also wants an accompanying recommendation summary from an HR perspective.
Prepare a 6-column, 5-row chart for the following countries and parameters:  
Columns (countries) are:  
Japan  
Mexico  
India  
China  
Italy  
Germany  
Rows (factors to research) for each country are:  
Average manufacturing wage  
Country’s minimum wage  
Typical restrictive work rules where there are unions  
How unions enhance or detract from company results  
Country’s unemployment rate  
It is unlikely that you will find all of the necessary data in one online database. Instead, you will have to research a number of different ones.  
In addition, in some cases you may have to make calculations from a “base=100” report to get an actual dollar figure.  
Ensure that you cite the references used, in proper APA format.  
Wikipedia is an unacceptable reference  
For minimum wages, try one of the following sites:  
Minimum wages
List of minimum wages by country
For unemployment percentages try the following site:  
Unemployment rate (most recent) by country (be sure to note the year of the data)  

Your recommendation summary should explain which country you recommend for the future overseas expansion, based solely on the data in your chart.  

Please submit your assignment.
Your assignment will be graded in accordance with the following criteria. Click here to view the grading rubric.
For assistance with your assignment, please use your text, Web resources, and all course materials.
References
Absolute Astronomy. (2019). List of minimum wages by country. Retrieved from http://www.absoluteastronomy.com/topics/List_of_minimum_wages_by_country
Graham, I. (n.d.). Unemployment rate: Countries compared. Retrieved from https://www.nationmaster.com/country-info/stats/Labor/Unemployment-rate
WageIndicator.org. (2019). Minimum wages.  Retrieved from https://wageindicator.org/salary/minimum-wage
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