Big Drive Auto Company International Paper

Running Header: supranational Paper Week Six: International Paper International Paper The tolerant flummox Auto Company is a major automobile dealer that sells a multitude of vehicles and separate services. The company strives to blockage abreast of the current economical conditions to stay profitable and competitive. The field of economics that studies the behavior of the aggregate economy, which macroeconomics examines economy-wide phenomena much(prenominal) as changes in unemployment, national income, rate of growth, gross home(prenominal) product, inflation and price levels (Answer, 2009). The company not only sells automobiles, and the company sell auto parts and the company oblation repair services, along with selling automobile products, such as cover and tires. Therefore, the company is always researching data and measures to improve on the current functions of the business and to provide excellent service to stakeholders and customers. macroeconomic Measures Big Drive Auto should price the products based on the current norm prices of competing products. The current state of the economy requires businesses to do extensive research before establishing prices for their products.

If the appropriate price isnt set, then Big Drive Auto may bear a significant profit and risk shutting worst operations. According to the Bureau of Statistics Data, the current average price of oil is $2.50 per gallon (Bureau of Labor Statistics, 2009). Based on that information, Big Drive Auto should select prices around the $2.50 range for their oil products. If Big Drive Auto decides to price products above the current average price, then the products will have to maintain a singularity that will be worth the additional cost. It is also cardinal for Big Drive Auto to scan the incentives and penalties associated with automotive industriousness prior to pricing. Foxnews.com discusses the Cash for Clunkers program and reports that the average cost of vehicles as of August 2009 was $26,950 (Fallon,... If you want to get a full essay, pronounce it on our website: Orderessay

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