WEIGHING THE MARKET
Scenario A: Agriculture is the main source of employment in your
home province. The government has recently decided to develop the
farmlands into real estate and exclusive subdivisions in order to attract
foreign investors to the country.
Scenario B: You decided to purchase a new shirt through an online
shop based in London.
Scenario C: The Philippine government is being pressured by the
current economic crisis to import rice from Taiwan and other nearby
countries in the region.
m
er as
Scenario D: A multinational corporation decided to close.
Unfortunately, your father is one of its many employees whose work
co
eH w
has been terminated. However, he could still be employed if he were to
accept the offer to move or relocate to another country.
o.
rs e
ou urc
Scenario E: The global financial crisis has affected the investment
funds of your mother that she can use for her retirement. How did you
decide for each scenario? What are the pros and cons that you list
o
down before you came up with the final judgment? Share with the class
aC s
your responses to each scenario.
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ed d
SCENARIO POSITIVE NEGATIVE Case-by-
ar stu
Case
It has already
Agriculture is made a Lack of real The
is
the main source significant estate growth government
Th
of employment contribution to and maturity in ought to cancel
in your home the economic the region. the transaction
province. The prosperity of with the
government has advanced Bad economic investors as it
sh
recently countries and its relations with does not favor
decided to role in the potentially the interests of
develop the economic available its citizens.
farmlands into development of investors may
real estate and less developed lead to economic
exclusive countries is of strains.
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vital importance.
subdivisions in It is seen that
order to attract increased
foreign agricultural
investors to the output and
country. productivity tend
to contribute
substantially to
an overall
economic
development of
the country, it
will be rational
and appropriate
to place greater
emphasis on
m
er as
further
co
development of
eH w
the agricultural
sector.
o.
rs e
ou urc
You decided to Saves time and Increased I would
purchase a new efforts. competition. definitely make
o
shirt through an With e- the purchase
aC s
online shop The convenience commerce not and enjoy the
vi y re
based in of shopping at only potential many benefits
London. home. customers of E-commerce.
increase, but
ed d
Wide also direct
ar stu
variety/range of competitors.
products are Lack of physical
available. contact with the
product. Lack of
is
Good discounts / shop assistants.
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lower prices. Lack of
confidence is
Get detailed another
information disadvantage.
sh
about the Delivery time
product. and shipping
costs may
We can compare sometimes be a
various deterrent.
models/brands.
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The Philippine Simply because The effect of the Importing will
government is it is cheaper to importation on be economical
being pressured produce rice in parlay for the
by the current countries like production is Philippines.
economic crisis Vietnam and that the farmers
to import rice Thailand. These will be forced to
from Taiwan and countries have sell their crops
other nearby large contiguous even lower than
countries in the rice areas. The the break-even
region. Philippines is an cost. We don't
archipelago. need to import
Very very rice because the
expensive to farmers harvest
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er as
transport rice. enough rice to
co
support the need
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of almost 60
million people.
o.
A multinational rs e
Higher salary. The social If need is
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corporation environment you paramount the
decided to Reduced living were familiar employee ought
close. costs. may need to be to relocate and
o
Unfortunately, forged again. find work in
aC s
your father is More favorable order to sustain
vi y re
one of its many work/life The personal himself.
employees balance. contact with
whose work has friends and
ed d
been Healthier family can
terminated. lifestyle. become weaker.
ar stu
However, he
could still be Better social life. Your apartment
employed if he or house may
is
were to accept Better quality need to be
Th
the offer to schools/childcare abandoned.
move or .
relocate to Rental or
another country. purchase costs
sh
may also
increase.
The global There can Without the This would
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financial crisis possibly be no money saved for require the
has affected the positive impact a retirement that employee to
investment on the loss of could last for 20 forgo the
funds of your retirement or more years, retirement plan
mother that she funds. retirees could be or compromise
can use for her forced to their living
retirement. How downsize their lifestyle.
did you decide home and
for each lifestyle, take on
scenario? What a roommate, get
are the pros and a part-time job,
cons that you or even forgo
list down before retirement
you came up altogether.
with the final
m
er as
judgment?
Share with the
co
eH w
class your
responses to
o.
each scenario.
rs e
ou urc
o
aC s
vi y re
ed d
ar stu
is
Th
sh
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