There are linkages between the microeconomic decisions made by managers and the macroeconomic environment. There are numerous examples from the current recession of company layoffs at the micro level, directly influenced by the decline in economic activity at the macro level. For this assignment, research this linkage. How did the recession impact businesses/managers at the macro and micro levels? You may use one company as the basis of your research.
There are linkages between the microeconomic decisions made by managers and the macroeconomic environment. There are numerous examples from the current recession of company layoffs at the micro level, directly influenced by the decline in economic activity at the macro level. For this assignment, research this linkage. How did the recession impact businesses/managers at the macro and micro levels? You may use one company as the basis of your research.
There are linkages between the microeconomic decisions made by managers and the macroeconomic environment. There are numerous examples from the current recession of company layoffs at the micro level, directly influenced by the decline in economic activity at the macro level. For this assignment, research this linkage. How did the recession impact businesses/managers at the macro and micro levels? You may use one company as the basis of your research.
Answer:
Subsidence is the aftereffect of an aggregate activities that includes both large scale and smaller scale practical things.
Micro to Macro linkages:-
Poor investigation of information identified with keeping money fragment prompts conveyance of credits for non qualified individuals. In the grass root level it is a micro level but the cumulative error and port analysis leads to a big loss for investment banking.
Recruitment:-
Without recruiting right candidates, organization moved to less productivity and creativity. In a gross level this small scale issue turn into a full scale monetary issue.
Trade contracts:-
Many uncalled for exchange contracts were existing from miniaturized scale to full scale organizations. Thus cumulative result created a huge deficit in trade related revenues.
Lack of proper revenue tracking and tax collection from business people and employees of organization
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