Macroeconomic Policies and Business Management - Desklib

PRESENTATION

INTRODUCTION
Business management is the process of managing and coordinating the business operations of an
organisation.
It includes the tasks of allocating the resources and accomplishing the goals in effective manner.
Macroeconomic policies helps in setting a plan while working on action that will influence the
economy of the area.
This presentation deals with a detailed analysis of general concerns and policies associated with
business management.

General economic concerns
General economic concerns are the problems that are limiting the growth of business either by
restricting the use of resources or by setting up of strict rules and regulations.
Government policies are responsible in influencing the interest rates and increasing the
borrowing costs in the process.
These policies are associated with the rise in taxes, lifting prices on certain products, affecting the
business in negative way while the decrease in interest rates affects the business positively.

General economic concerns
Labour markets issues includes the wages of the staff along with the regulations to be followed
while hiring and firing employees.
It includes the duration of probation period that is to be served within the company.
Labour markets are responsible for setting labour rights and setting the criteria for minimum
wage by the company.