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Managers have to be prepared to lead their organizations through varying economic conditions. Explain why it is important to understand GDP data, and how changes

Managers have to be prepared to lead their organizations through varying economic conditions. Explain why it is important to understand GDP data, and how changes inunemployment and inflation impact future GDP?

Provide a real-world example of how a business altered business plans due to a change in economic conditions?

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The GDP Gross Domestic Product figures are thus a useful measure for management since it provides a comprehensive and useful summary of economic health and performance of a countryHeres why 1 Indicato... blur-text-image

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