MY SPOUSE AND I ARE EACH 62 AND HOPE TO RETIRE IN THREE YEARS. AFTER RETIREMENT WE WILL RECEIVEE 7500 PER MONTH AFTER TAXES FROM OUR EMPLOYERS PENSION PLANS AND 1500 PER MONTH AFTER TAX FROM SOCIAL SECURITY. UNFORTUNATELY, OUR MONTHLY EXPENSES ARE 15,000. OUR SOCIAL OBLIGATION PRECLUDE FURTHER ECONOMES. WE HAVE 1000000 INVESTED IN A HIGH GRADE, TAX-FREE MUNICIPAL-BOND FUND. THE RETURN ON THE FUND IS 3.5% PER YEAR. WE PLAN TO MAKE ANNUAL WITHDRAWALS FROMT HE MUTUAL FUND TO COVER THE DIFFERENCE BETWEEN OUR PENSION AND SOCIAL SECURITY INCOME AND OUR LIVING EXPENSES. HOW MANY YERS BEFORE WE RUN OUR OF MONEY? WHAT DO YOU TELL YOUR CLIENT?

Achecklists should be based on past

1. the political environment in india has proven to be critical to company performance for both pepsico and coca-cola india. what specific aspects of the political environment have played key roles? could these effects have been anticipated prior to market entry? if not, could developments in the political arena have been handled better by each company? 2. timing of entry into the indian market brought different results for pepsico and coca-cola india. what benefits or disadvantages accrued as a result of earlier or later market entry? 3. the indian market is enormous in terms of population and geography. how have the two companies responded to the sheer scale of operations in india in terms of product policies, promotional activities, pricing policies, and distribution arrangements? 4. “global localization” (glocalization) is a policy that both companies have implemented successfully. give examples for each company from the case.

The basic difference between macroeconomics and microeconomics is that: a. microeconomics looks at the forest (aggregate markets) while macroeconomics looks at the trees (individual markets). b. macroeconomics is concerned with groups of individuals while microeconomics is concerned with single countries. c. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets). d. macroeconomics is concerned with generalization while microeconomics is concerned with specialization.