Gdp: A business perspective Contributor(s): Shaw, Benjamin (Author) |
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ISBN: 3639229134 ISBN-13: 9783639229134 Publisher: VDM Verlag OUR PRICE: $50.27 Product Type: Paperback Published: January 2010 |
Additional Information |
BISAC Categories: - Business & Economics | Economics - General |
Physical Information: 0.23" H x 6" W x 9" (0.33 lbs) 96 pages |
Descriptions, Reviews, Etc. |
Publisher Description: Gross Domestic Product (GDP) and the corresponding national accounting framework, are frequently used by businesses, both directly and indirectly when making short and long-term business decisions. This document aims to investigate how businesses, adopting either a classic or stakeholder approach to business, measure the economy in which they operate, with particular focus on the value and influence of GDP. Using a business perspective, the suitability of GDP as a window into the macro-economy is explored, from how GDP is calculated, how businesses and individuals regard GDP, and how GDP is used within the business environment. As GDP is a well trusted economic indicator, certain shortcomings of GDP as a sustainable measure of the economy, are examined in detail, including wealth, the environment, and well-being. |