Question
XYZ Company(worldwide clothing company) is aware that both macroeconomics and microeconomics play a general role in its organization's success. Top-level management has asked you to
XYZ Company(worldwide clothing company) is aware that both macroeconomics and microeconomics play a general role in its organization's success. Top-level management has asked you to conduct research, a report that specifically identifies the role it should play in its overall success.
how can you address this information mentioned below as it relates to the organization to help growth in business?Prons & Cons ?definitions for each one below? how can you apply them in the XYZ company? Why is important to have them in XYZ company? support some examples for each one of them ?
- elasticity,
- consumer choice,
- productions and costs,
- supply and demand,
- aggregate supply and aggregate demand, and
- macroeconomic measurements.
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