Eco 561

Abstract Based on the economic indicators for Big Drive car there are three substitute economic futures. The followers information will provide a detail of the best, midpoint and beat outcomes possible for Big Drive car. This projection is ground on the next five years. The best alternative beingness a forecast for years 2010 to 2014 which shows the GDP declining meaning the greet to produce vehicles will not change, however the Prime pasture is increasing, having access to more money allows the consumer to acquire goods and services with confidence. The cost-of-living index Rate will increase because of these purchases, allowing Big Drive machine to benefit by raising the cost for automobiles and the services provided to oppose them. Using this alternative the company is staying a zero portion interest rate, and they will not take a loss. The mall economic future for Big Drive Auto indicators spring adjustments the company may need to make to encourage consumers to purchase vehicles by offering some other incentives such as coupons, and snubs on services. Services will likely require a discount to encourage consumers to use the company as a provider. Price matching, or giving a small discount may help the company if forced to use this alternative.

The worst economic future for the company indicates that Big Drive Auto could be tremendously affected by things like unemployment rate rising which could cause the sale of vehicles to decline rapidly. With hopes of this being only if for a short period of time the company may be forced to drop prices, and offer rebates for the purchase of vehicles. This alternative would represent the worst case scenario. The company lowering prices, or giving rebates is additional money that is being lost or given away in order to generate gross sales for goods or services. Discussion of the three alternative economic futures The alternative economic futures for the automobile industry can be reveal than the present, worse than the present or... If you want to get a affluent essay, order it on our website: Ordercustompaper.com

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