Question

What are the major macroeconomic issues related directly to businessdecision making? What is their significance in business decisions?

Answer 1

Answer:

☆☆☆ SIX MAJOR MACRO-ECONOMIC ISSUES :- ☆☆☆

• ISSUE # 1. Employment and Unemployment:

• ISSUE # 2. Inflation:

• ISSUE # 3. The Trade Cycle:

• ISSUE # 4. Stagflation:

• ISSUE # 5. Economic Growth:

• ISSUE # 6. The Exchange Rate and the Balance of Payments:

☆☆☆☆ A great advantage of the importance of decision-making in business is that your staff will be able to make fewer mistakes as they attempt to accomplish the goals you've laid out for them. When your employees know that they can trust your judgment, they'll be more likely to carry out whatever you say. ☆☆☆☆

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