Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Global Cities Index The Global Cities Index evaluates the current performance of cities based on five dimensions: 1 business activity -Business activity is scored and

Global Cities Index

The Global Cities Index evaluates the current performance of cities based on five dimensions:

1 business activity-Business activity is scored and ranked on the basis of five factors: number of international conferences, flow of goods (air and port), capital markets, number of companies among the top 40 global service firms, and number of Fortune Global 500 companies with headquarters in the city.

EXAMPLE FOR business activity:

2 human capital-Human capital is scored and ranked on the basis of five factors: size of a city's foreign-born population, quality of its universities, number of international schools, international student population, and percentage of residents with university degrees.

EXAMPLE FOR human capital:

3 information exchange-Information exchange is scored and ranked on the basis of four factors: number of international news bureaus, level of censorship, amount of international news in the leading local papers, and broadband subscriber rate.

EXAMPLE FOR information exchange:

4 cultural experience-Cultural experience is scored and ranked on the basis of six factors: museums, visual and performing arts, major sporting events a city hosts, international travelers, diverse culinary establishments, and sister city relationships.

EXAMPLE FOR cultural experience:

5 political engagement-Political engagement is scored and ranked on the basis of five factors: international organizations, embassies and consulates, think tanks, political conferences, and local institutions with international reach.

EXAMPLE FOR political engagement:

Global Cities Outlook

The Global Cities Outlook, on the other hand, evaluates a city's potential based on the rate of change across four dimensions:

1 Personal well-being refers to the health and happiness of individuals within a city. This can be measured by factors such as life expectancy, rate of disease, and level of happiness.

EXAMPLE FOR Personal well:

2 Economics refers to the financial health of a city. This can be measured by factors such as GDP, employment rates, and cost of living.

EXAMPLE FOR Economics:

3 Innovation refers to a city's ability to create new ideas and technologies. This can be measured by factors such as patent production, research and development spending, and number of start-ups.

EXAMPLE FOR Innovation:

4 Governance refers to the effectiveness of a city's government. This can be measured by factors such as citizen satisfaction, corruption, and crime rates.

EXAMPLE FOR Governance:

NOTE:

MY MAIN QUESTION HERE IS GIVE ME EXAMPLE ONLY

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Hospitality Financial Accounting

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Agnes L.

2nd Edition

9780470598092, 470083603, 978-0470083604

Students also viewed these Law questions