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Question Two. Ed Organization Task Functions Are A Set

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Question two
ED organization task functions are a set of strategies needed to achieve short and long term goals. Generally, task functions include identifying community problems, providing technical and analytical assistance, determining the resources necessary to meet the economic development needs of a situation, developing networks among individuals and institutions, and stimulating interaction among diverse groups to achieve common objectives (J, Leigh, and Blakely 2013, p. 108)

The Beacon Council’s work lines up with what we know about the task functions of ED organizations in many aspects. President and CEO Larry K. Williams identified Miami’s transit system as a potential drawback to attracting new businesses and growth because …show more content…

Williams, Beacon Council president and CEO, the diversity of Miami-Dade County’s industries and economy is already a strong advantage for attracting and keeping businesses (Wooldridge, 2016), and the educational environment encourages entrepreneurship.

The book advised analyzing employment data with a location quotient, a ratio of industries represented locally to one of a reference economy. This is a valuable equation for determining industry growth at a fixed period. When the OCOG chose target industries for Miami, the specialized index would have assisted analysts in predicting future economic changes and which sectors will provide the most employment opportunities across all skill and income levels. As discussed in the Cincinnati, Ohio Cluster Case study, after the LQ, analysts would determine the occupational LQ to assess the skill base of the current workforce. Measuring job growth rates by sector and comparison with national trends would predict areas with healthy economies and those expected to grow. Furthermore, cluster identification uses input/output analysis and local and national reports to unmask growing industries and relate dependency or competitiveness between businesses while identifying industries statistically inclined to grow.
Question five
Of the planning approaches outlined in the course text pages 123-129, the OCOG appears to address contingency planning, which is interactive, and strategic planning, a proactive form effective and

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