You are on page 1of 2

Macroeconomics deals with the performance, structure, behavior and

decision-making of an economy as a whole. It covers various issues like national


income, general price level, distribution, employment and money.Specially,
studying macroeconomics is important for us, to understand the functioning of a
complicated modern economic system. It describes how the economy as a whole
functions, it helps to achieve the goal of economic growth, a higher growth
domestic product level, and higher level of employment.

There are many economic situations that needs a full better understanding to
know the flow or the cycle of their business, if their business experience an
inflation or deflation. As macroeconomics focuses on aggregate units, and the
issues which affect the whole economy which includes areas of the economy like
GDP product, import and export, and international trade. There are economic
activity that using a macroeconomic study, in a situation which is the Israel
Chemical Company where in they are the leading global supplier and best
positioned potash producer. They have many products that will considered an
important product that using in a production of companies in different countries,
like phosphate rock, limestone, magnesium, titanium and brine fluids to the oil
and gas. And because of the use of this product the company need to ensure that
they will provide efficient or more product to avoid being short.

On the other hand, as a leading company they contribute a lot in speeding the
growth of the economy at Israel. In macroeconomics it maintains stability in the
general price level and resolves the major problems of the economy like
unemployment and poverty as a whole. Poverty is one of the effect to many
citizens increasing unemployment in community. This economic issue experience
at Italy which the life there turned into a bad situation given in a low business
investment, high government regulations and weak banking system. This
country needs a political change, because of the experiment of populist political
parties failed. And because of the rise in unemployment it can cause a negative
multiple effects leads to a negative economy. And to solve this economic prblem,
the solution is possible at macro level or applying the macroeconomic study. With
a detailed knowledge of the functioning of an economy at macro level, it has been
possible to formulate correct economic policies and also coordinate international
economic policies.
Business cycles are the normal fluctuations of the output of an economy.
Every industry grows over time, but not a steady rate. This economic activity
which is ‘food truck’ are experienced both good and bad time growth business,
because they are consumer focused companies. In business it is needed that
when analyzing the level of the status of the company, like analyzing economy, it
is considered to takes a top-down approach. In this kind of business it is needed
to stay innovative, keep marketing, cutting marketing sales is like turning off
generator in the middle of a busy lunch rush. And maximize the good times, be
strategic and proactive and use the wave to look for ways to reduce expenses
and increase profit margins. Economic cycles can be erratic and impossible to
foresee. Whether the economy is good or bad it takes every effort, managerial
capability and leadership to achieve an edge over the competition.

You might also like