International Paper Essay Example | Topics and Well Written Essays - 500 words

International Paper - Essay Example Any changes in these factors of the economy can lead to the company’s planning to be affected to a great extent. Thus when an organization like Big Drive Auto requires making any specific decision or plan, like increasing the prices for fuel or the vehicles themselves, then it is essential that macro economic data is well taken into consideration. This will allow the company to rightly understand the total variation in the economic market of the country and this allows for the pricing to be more appropriate and allows the company to make higher profits. Thus the operations and the planning become more apt for the organization in terms of the whole economy of the country. There has been a strong focus on the reliability of the forecasts in terms of the macroeconomic variables. The major problems that have been noted are the ability to relate to the balance between the aggregate demand and the aggregate supply. Thus to ensure complete reliability of the macroeconomic variables, it is essential to place a focus on the balance of the aggregate demand and the aggregate supply. This can be the demand side policy which generally seeks to influence the level of spending in the economy and the supply side policy which mainly directly influence the level of production. There are a number of uncertainties that are faced by companies in terms of the macroeconomic forecast. In recent researches there has been a clear that the private sector tends to face issues which are related to the rational bias. The uncertainty of the macroeconomics forecasts can be dealt with, by a thorough study and understanding of the various prices of the number of units sold across different locations. This however requires to be analyzed by choosing a wide range of locations and over a number of years. Also as the value of oil and coolants are affected by the economic condition of the country, hence a focus should be made on the