Macroeconomic Variables Affecting a Business Environment

CHAPTER 1 QUESTION: IDENTIFY AND EXPLAIN TEN (10) MACROECONOMIC VARIABLES change A NAMED BUSINESS ENVIRONMENT. HOW CAN THESE BE REGULATED? INTRODUCTION In todays world, no business operates in isolation without interacting with the surroundings where it operates. Irrespective of the nature of business whether public or snobby organization; manufacturing; service industry; local or outside(a) firm, its operations are inhibited by the environment in which it operates. During 2003-2007, Nigeria attempted to implement an Economic Empowerment Development scheme (NEEDS). The purpose of NEEDS is to raise the countrys type of living through a variety of reforms, including macro frugal stability, deregulation, liberalization, privatization, transparentness and accountability (Gbadebo, 2008). The popular view regarding the role of the financial firmament, peculiarly in a developing economy derives from its primary lick of mobilizing financial resources from the savers and directing these resources into channels of desired development activities. tutelage has been drawn to the relationship between real and financial developments in toll of the role of financial intermediation, monetization and capital brass in determining the path and pace of economic development.

The linkage between financial sector development and real sector performance is through the mobilization of financial resources and the delivery of these resources to the investiture public. Obviously if monetary policy is out of fume with the imperatives of the prevalent channel of linkage between the financial sector and the ataraxis of the economy, it is possible for the financial sector to become obstructive to economic growth and development. Definition of terms Precisely, in identifying and explaining macroeconomic variables affecting a named business environment like financial institutions; it will not be out of place to define the following terms; Macroeconomics ... If you want to get a full essay, order it on our website: Orderessay

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