St.

Anthony’s College
San Jose, Antique
HIGH SCHOOL DEPARTMENT

APPLIED ECONOMICS

WEEKS 1 and 2
(FOURTH QUARTER)

Learning Competencies:
At the end of the lesson, the learners…..
● Analyze different principles, tools and techniques in creating a business;
● Apply business principles, tools, and techniques in participating in various types of industries in the locality;
_____________________________________________________________________________________________________________

ACTIVITY 1
(Collaborative Work)
Directions:
● Suppose this is the year 2019 (pre-pandemic), the Philippine-based fast food company where you are employed as one of your marketing strategists is planning to expand
its business operation in (NAME OF THE COUNTRY ASSIGNED TO YOU). Create an analysis of the country’s political, economic, social, technological, legal and
environmental factors your company should consider before investing in it.
● Choose only 3 questions that you should address in every factor.
● Search for articles/write-ups written from 2015-2019 only. Include the links/sources.
POLITICAL FACTORS:
● Describe the political stability or instability of the country. Is the country prone to civil war and military unrest,squabbles and rivalry among its leaders that might pose a
hindrance to the company’s business venture? Prove your answer.
● What are the country’s regulations on foreign investment? Does its government support foreign direct investments?
● Describe the corruption level in the government.
● Describe the import/export regulations of the country.
● Does the country have an existing foreign debt or loan? Prove your answer.
● Does red tape occur in the government bureaucracy? Prove your answer.

Country where the Question No. 1 Question No.2 Question No.3 Links/Sources
company is planning
Describe the corruption level in the Describe the import/export Does the country have an existing
to invest:
government. regulations of the country. foreign debt or loan? Prove your
MOROCCO answer.

In Morocco, society’s tolerance of
corruption is at a high level today,
influenced by a vague feeling of impunity
and inequality of citizens before the law.
In 2020, the corruption perceptions index
for Morocco was 40 points. Corruption
perceptions index of Morocco increased
from 32 score in 2006 to 40 Score in 2020
growing at an average annual rate of
1.74%. The report said that the Moroccan
government took exceptional measures in
response to the pandemic, they showed
insufficient oversight. The index spoke of
FINDINGS exemptions for which the government has
not faced accountability pressures, which
could lead to significant risk for
mismanaged funds and corruption.
The commitment to import must be
filed with an authorized bank chosen
by the importer for domiciliation. The
commitment to import is valid for 6
months as from the date of its
domiciliation and facilities custom
clearance and the financial settlement
of the goods. An import commitment
which is the authorization provided
by the Foreign Exchange Office for
transfers of foreign currencies from
Morocco to foreign suppliers abroad.
The Importer or exporter may attach
any documentation, such as technical
documents, that might assist the
customs administration, the authority
for customs in Morocco is
administration of customs and indirect
Tax.
Public debt remains sustainable and https://knoema.com/atl
declined to 64.9% of GDP in 2018 as/Morocco/Corruption
(from 65.1 percent in 2017). Subdued -perceptions-index?
economic and credit growth. bank-Al- =amp
Maghrib (BAM) has kept its policy
rate unchanged at 2.25 percent since https://www.moroccow
its last reduction in March 2016. orldnews.com/2021/01
Morocco's external debt reached 61.6 /333656/corruption-
USD bn in Sep2020. Compared with perceptions-index-
58.2 USD bn in the previous quarter. 2020-ranks-morocco-
In latest reports of Morocco, the 86th-globally/
current Account recorded a surplus of
161.7 USD mn in Sep 2020. Foreign https://www.privacyshi
Direct investment increased by 263.8 eld.gov/article?
USB –mn in Sep 2020. id=Morocco-import-
requirements-and-
Documentation
https://www/ceicdata.c
om/en/indicator/moroc
co/external-debt
ECONOMIC FACTORS:
● What was the country’s Gross Domestic Product and Gross National Income in 2018? What did it reveal about the country’s economy?
● Describe the country’s propensity of its people to spend or the purchasing power of the citizens.
● Did the country experience price fluctuations or inflation in the past 3 years (2015-2018)? Support your answer.
● Describe the country’s employment and unemployment rate.
● Explain the exchange rate of the country’s currency to American dollar.
● Are most workers/employees in the country, especially minimum wage workers, being well paid? Prove your answer.
Country where the Question No. 1 Question No.2 Question No.3 Links/Sources
company is planning to
What was the country’s Gross Describe the country’s employment Are most workers/employees in
invest:
Domestic Product and Gross and unemployment rate. the country, especially minimum
MOROCCO National Income in 2018? What wage workers, being well paid?
did it reveal about the country’s Prove your answer.
economy?
Gross Domestic Product for 2018 In Morocco, the employment rate The average salary of Moroccans https://www.macrotrends
was $118.10B, a 7.67% increase measures the number of people who covered by the National Security .net/countries/MAR/mor
from 2017. Gross National Income have a job as a percentage of the Fund (CNSS) is MAD 5,188 occo/gdp-gross-
($541.63). Many employees receive domestic-product
for 2018 was $113.26B, a 8.75% working age population. The
less than the minimum wage.
increase from 2017. employment and unemployment rate for https://www.macrotrends
Morocco are 39.40% and 11.90% The average monthly salary in the .net/countries/MAR/mor
respectively. public sector was MAD 7,549
occo/gni-gross-national-
($788.12). Staff in the financial and
income
insurance sectors were paying the
most (MAD 14,749 per month, or Morocco Employment
$1,538.39), followed by those in the Rate | 1999-2020 Data |
IT and communications sector 2021-2023 Forecast |
(MAD 10,953 per month, or
Historical | Chart
$1,142.45).
(tradingeconomics.com)
FINDINGS Many Moroccan workers earn less
than the country's minimum wage of CNSS Report: High
 MAD 2570 per month, which raises Numbers of Moroccan
questions about Moroccans' buying Workers Earn Below
power. Minimum Wage
(moroccoworldnews.co
m)

SOCIAL FACTORS:
● What is the population size and growth rate of the country?
● Describe the wealth distribution and the social classes that exist in the country.
● What are the attitudes of the citizens towards foreign brands or products?
● Identify the lifestyle of the country’s citizens including their attitudes towards leisure time, diet and buying habits.
● Do you think that the country’s religion, beliefs, and norms can have a direct impact on your business? Prove your answer.

Country where the Question No. 1
company is planning to
What is the population
invest:
size and growth rate of
MOROCCO the country?
Morocco's 2018 population
is estimated at 36,029,093
people with a growth rate of
1.26 %.
Question No.2 Question No.3 Links/Sources
What are the attitudes of
the citizens towards
Describe the wealth distribution and the social classes that
foreign brands or
exist in the country.
products?
Income inequality is high in Morocco. The share of national In general, Moroccan https://www.worldo
income of the richest 10% in Morocco stood at nearly 32%, 12 consumers prefer to turn to meters.info/world-
times higher than the share of national income of the poorest local brands and products. population/morocco
10% of the population. At the top level of the class system of But they are increasingly -population/
Morocco exists the monarch and royal family, members of the numerous, especially
https://www.policy
government, and groups of very wealthy Moroccans who do not young people, in turning to
center.ma/sites/defa
work, joined by wholesale merchants and the owners of large foreign brands belonging
ult/files/PP_19-
manufacturing, industrial, or international trading companies. to large multinationals.
13%20%28Dadush
An upper middle and middle class consists of professionals.
%20%26%20Saoud
Sherfa, are those who claim descent from the prophet
i%29_0.pdf
Muhammad they typically do not work, and those who have no
inherited wealth live off the others. Muhajerin, or emigrants, is https://moroccoshar
 FINDINGS
TECHNOLOGICAL FACTORS:
● Explain the extent of the government’s support in research and development activities (r and d) in the country. Cite at least 2 r and d activities that have highest financial
support from the government.
● How is the internet connection speed of the country?
● How technologically-prepared is the country?
● What percentage of the citizens have access to modern technology and the internet?
Country where the Question No. 1
company is planning to
How is the internet
invest:
connection speed of the
MOROCCO country?
Morocco’s average mobile
internet speed is among
Africa’s fastest. At an
average of 7.36Mbps,
Morocco ranks fifth in the
continent.
composed of nearly 2 million Moroccans who live and work keyjared.weebly.co
abroad, in order to send their wages back to support their m/culture.html
families in Morocco. Most remain poor and are looked down
https://santandertra
upon. Jews and other foreigners generally prosper, while sub-
de.com/en/portal/an
Saharan black Africans are often discriminated against.
alyse-
markets/morocco/re
aching-the-
consumers
Question No.2 Question No.3 Links/References
Explain the extent of the government’s support in What percentage of the
research and development activities (r and d) in the citizens have access to
country. Cite at least 2 r and d activities that have modern technology and the
highest financial support from the government. internet?
Following broader international trends, the expansion of According to a 2012 report by https://www.moroccowor
digital solutions has received support from the the National ldnews.com/2017/10/229
authorities at various levels. While improvements in Telecommunications 910/morocco-has-5th-
infrastructure have been led by updated laws, uptake has Regulatory Agency (ANRT), fastest-internet-in-africa-
been largely supported by Digital Morocco 2020 (Maroc 39% of Moroccan homes had a afk/#:~:text=Rabat
Digital 2020), a national development blueprint adopted computer in 2011, a %20%E2%80%93%20M
 in 2016 to supplement the achievements of Numeric considerable increase over 11% orocco's%20average
Morocco 2013 (Maroc Numéric 2013), adopted in 2008. in 2004. Similarly, internet %20mobile
In 2017 the blueprint established the Digital access has jumped from 2% in %20internet,ranks
Development Agency (Agence du Développement du Moroccan homes in 2004 to %20fifth%20in%20the
Digital, ADD) to oversee progress and regulate ICT- 35% in 2011. However, there is %20continent.&text=Afri
related projects and reforms. The agency’s missions still a big gap between urban ca's%20fastest
include reducing the urban-rural digital divide, areas, where 53% of homes %20internet%20is
achieving a shift from e-government to digital have access, and rural areas, %20in,than%20speeds
government, and promoting the digitisation of business where only 14% of homes had %20in%20the%20U.S
processes. computers in 2011.
https://oxfordbusinessgro
up.com/overview/speed-
push-adopt-new-
FINDINGS technologies-strengthens-
country%E2%80%99s-
position-regional-and-
continental-innovator
https://oxfordbusinessgro
up.com/overview/expand
ing-access-increased-
internet-penetration-
continues-drive-sector
LEGAL FACTORS:
● Identify and explain briefly 2 consumer laws of the country.
● Is there a law that protects the country’s foreign investors? Give one example and explain it.
● Explain briefly the government’s antitrust law or competition law.
● Cite one employment law and briefly explain what it is all about.

Country where the Question No. 1 Question No.2 Question No.3 Links/References
company is planning
Identify and explain briefly 2 consumer Explain briefly the government’s Cite one employment law and briefly
to invest:
laws of the country. antitrust law or competition law. explain what it is all about.
MOROCCO
 Law No. 31-08 enacting consumer
protection measures completes the existing
legal framework of consumer protection and
sets up an enabling framework for the
promotion of the role of consumer protection
associations. Enforcement of law n° 31-08 In
order to enforce the law and its
implementing regulations, the department
has a qualified and sworn body of
investigators present at the 29 provincial
delegations. The Consumer Protection Act,
1986 was enacted to protect the interests of
the consumers. This is an important
FINDINGS
landmark legislation in the field of consumer
protection as it provides for establishment of
three-tier quasi-judicial consumer disputes
Redressal machinery at the District, States
and National levels to render simple,
inexpensive and speedy justice to
consumers.
ENVIRONMENTAL FACTORS
● Explain the country’s stand on climate change.
● What is the extent of the government’s support on renewable energy?
● Describe the country’s level of pollution.
● Identify a major environmental policy of the government and its significance to the country.
● Describe the climate as well as the common natural disasters that affect the country
Government antitrust law was also The employment laws in Morocco are http://www.mcin
referred to when the competition was quite modern, having been inspired by et.gov.ma/en/con
developed to the U.S government to the recommendations and conventions tent/consumer-
protect consumers from predatory of the International Labor protection
business practices. This law was Organization. one the example of
https://gama.gov.
involved about market, vigilantly employment law is Social Security. In
in/ConsumerProt
guarding against monopolies and order to get Social Security, all
ection.aspx
disruptions to the ebb and flow of employers have to register themselves
competition. while competition law is a as well as their employees with the https://www.nort
law that promotes or seeks to maintain National Fund. The system is called the onrosefulbright.c
market competition by regulating anti- Caisse Nationale de Securite Sociale. It om/en
competitive conduct by companies. And is mandatory for all Moroccan
also known as antitrust law in the employers to participate in the https://iclg.com/
practice-
United states. program.
areas/employme
nt-and-labour-
laws-and-
regulations/moro
cco
 Country where the Question No. 1
company is planning to
Explain the country’s stand on
invest:
climate change.
MOROCCO
Morocco's climate policies are
progressing, and it will be one of
the few developing countries to be
able to reduce emissions by 2030.
Renewable energy expansion is
proceeding as expected, but new
coal-fired power plants may lock
the country into higher emissions.
FINDINGS
Question No.2 Question No.3 Links/References
Describe the country’s level of Describe the climate as well as the
pollution. common natural disasters that
affect the country
Morocco's air quality is classified as Morocco is prone to earthquakes. https://climateactiontrack
moderately unhealthy by the World Minor earthquakes occur on a regular er.org/countries/morocco
Health Organization; according to the basis. In 2004, a powerful earthquake /
most recent results, the country's struck northern Morocco near the port
annual mean PM2.5 concentration is https://www.iamat.org/c
town of Al Hoceima, killing over 600
33 g/m3, above the recommended ountry/morocco/risk/air-
people.
limit of 10 g/m3. pollution#:~:text=In
%20accordance%20with
%20the
%20World,maximum
%20of
%2010%20%C2%B5g
%2Fm3
https://www.gov.uk/forei
gn-travel-
advice/morocco/natural-
disasters
 GRADING RUBRIC

5 POINTS
Answers are comprehensive, accurate and complete.

Key ideas are clearly stated, explained and well-supported.

4 POINTS
Answers are accurate and complete.

Key points are stated and supported.

3 POINTS
Answers are not comprehensive or completely stated.

Key points are addresses but not well- supported

2 POINTS- 1 POINT
Answers are partial or incomplete.

Key points are not clear.

Questions are not adequately answered.

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 SPECIFY THE CONTRIBUTION/S OF EACH GROUP MEMBER IN THE ACTIVITY:

GROUP LEADER:

GROUP MEMBERS Contribution/s to the activity Rating

(0-15 pts.)

GROUPINGS:
ST. GREGORY
1) BANGLADESH
 Acosta, Frands Anthony
Able, Aubrey Tricia
Tamparong, Mae
Buyco, Russell John
Verde, Elisa Maria
Salas, Chenee Marie
Emanel, Lyra Grace
2) PAKISTAN
Jauod, Jobert
Muller, Harley Shea
Salcedo, Franchesca Kylene
Lagunday, Marc Justine
Soriano, Novie Larrine
Pon-an, Bea Kathleen
Ignacio, Cherish Marielle
3) MOROCCO
Niangar, Jonnel
Garcenila, Rica Mie
Rondain, Camilla
Patricio, Sid Vermon
Lagunday, Dorothy Joyce
Toledo, Chielyn Kaye
Ordonez, Jamila Mesha
4) COLOMBIA
Quiatchon, Ivan John Robert
Esquivel, Crisha Mariz
Ballarta, Nicole Faye
Cuanzon, Tessia Marcy
De Guzman, Justice
Untal, Cyrus Lester
5) VENEZUELA
Lagrimas, Jennifer Love
Valdellon, Niňo Charles
Jimenea, Mary Grace
Rafols, Alyzza Kristel
Saylo, Aaliyah Virgie Liza
David, Willa Mae
6) SRI LANKA
Faulan, Denisse Marie
Giagone, Cember Fitz
Domingo, Crisanel Marie
Gonzales, Ashley Kate
Tonogbanua, Jaiza Marie
Cosme, Irene Grace
Villavert, Joei Alexandra