How do you use macroeconomic indicators in your business plan and strategy?


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How do you use macroeconomic indicators in your business plan and strategy?


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According to the textbook, the changes in the macroeconomic indicators affect the economic decisions of the 3 economic agents (household, firms, and government). Assume you are a business owner (manager). How do you use macroeconomic indicators in your business plan and strategy? Why are the indicators relevant for business decision making process? How do they affect business profit?