Assignment: Current Event Report

The topics selected may or may not relate to that reading but will be related to economics.

This is to gauge your general understanding of the current economic events that take place every day in our lives. It is to force you to think out of the box; broaden your horizon and to do some research besides reviewing your text book.

Instructions:

1. Write 1-2 pages on the given topic.
2. You can include addendums but that will not be considered as a part of the report.
3. Use 11-12 font size.
4. Attach your report via BB; open the folder and there is an option to attach your report.

Topic:

Company Talliford issued a notice that they will be changing their name and the logo in Fiscal year 2018. The members of the executive board were split on this decision and were concerned about many factors such as cost, recognition and name brand. The company made fax machines and had good sales and reputation. The company's annual income ranged from $5 to 8 million dollars and it employed about 30 permanent workers, 10 technicians and 15 sales persons. It had anexecutive board of 12 members who had equal voting rights.

You are hired as the company's CFO and the Economic consultant; develop an economic model that includes all steps as used in any economic model. Your model should Include data, graphs and the synopsis of impacts and outcomes of changing the name of the company.