Sample Essay on:
Macroeconomic Considerations at Wilkerson Smokers

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Essay / Research Paper Abstract

A 6 page paper discussing macroeconomic points affecting the business of a manufacturer of smoker grills. The paper answers specific questions regarding interest rate fluctuations, tax cuts/hikes, international exchange rates and the effect of changes in the housing market. Bibliography lists 2 sources.

Page Count:

6 pages (~225 words per page)

File: CC6_KSeconMacWilkSmk.rtf

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Unformatted sample text from the term paper:

the state of the macro economy can and does affect the sale of Wilkerson smoker grills and the company that manufactures them, but the smokers are less susceptible to fluctuations in the economy than are some other products. They can be purchased for as little as $200, which is not a huge budget item for most homeowners. It is generally only the homeowner who can have and use a flame-producing smoker; reductions in the number of new home buyers could translate to a decline in sales of new smokers. The smokers are constructed of steel that currently is sourced domestically. China now is the worlds leading steel producer, however, and price fluctuations and international exchange rates could affect the companys pricing in the future if either quantity (steel prices or currency exchange rates) changes to a greatly significant degree. Recommendations Activity in the housing market has slowed in response to greatly increased prices in most urban markets. Wilkerson can expect sales to slow as well, but it has opportunity to market directly to those who would prefer to move but instead choose to upgrade their current homes as they wait for prices to decline. Questions E. How will the business cycle impact this company/product? How will this company/product fare during a recession? Economic Expansion? The post-9/11 recession has long been a matter of history, yet recovery has not followed the traditional path of the classic boom-and-bust business cycle. The early years of the new century have been referred to as the "jobless recovery" in that fortunes of businesses have improved, but those same businesses continue to remain cautious in hiring additional permanent employees. Another ...

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