Question

As a manager, what do you need to understand when reading or listening to economic and business reports? How can economic and business reports impact an individual business in a global economy?

Answer 1

In this regard it can actually be mentioned that, neconomical business reports connection I get to tell you the performance of the economy as well as the performance of the individual business on the whole where the profit and the level of sales and the cost of the product and the individual costs can actually be observed through that of the business statements and economic reports tell about the global scenarios such as the overall economy is growing where the inflation level dadar global economic activities get to tell you how you have to actually take decisions regarding your business so that it could perform better in the given scenario in the. Global economy the economic and business reports actually tell about the the happenings in the global scenario and the national economy which can tell you how you should alter your current business practices such as of the inflation is high then you should stop borrowing because the interest also goes high etc.