if demand for anything is more than that product will sell more, if there is no demand for an item then that will not sale.so if sales are more there would be more profit ,if sales are less profit will also less. more profit means a good business and less profit means that business is not in a good position.
i hope now u can understand it.shortly more consumer demand more good business,less consumer demand less business.
The economy directly affects business. When consumers have buying power, businesses will see more revenue. When the economy is depressed, businesses will see less revenue.
how does economy affects business
Pilferage affects consumers by raising prices to cover the companies losses, and any extra insurance they must purchase to protect their company. i believe it also affects the way stores allow acces to certain items therefor locking up many items and causing inconvienence to consumers wishing to purchae=se these items.
Environment is affected by business
The main characteristic of a business is to provide consumers needs and wants.
on my test the options are business firms, consumers, none of these and the first two. business law affects many people and things, including business firms and consumers. id go with those two
The economy directly affects business. When consumers have buying power, businesses will see more revenue. When the economy is depressed, businesses will see less revenue.
What is an Electronic Commerce.Explain Business to Consumers and Business to Business of Electronic Commerce with the help of examples
consumers
A high unemployment rate is a social problem that affects businesses. With fewer people working, consumers can't purchase a businesses' products.
Consumers can affect a business based on consumptions of goods. The amount of goods that are bought and sold affect the profit and loss of a business.
Advertising affects consumers choice. The advertising creates a feel or desire in consumers to sway their opinion toward the product.
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Government is the one that implements laws, regulations, and rules that governs the whole trade and commerce industry - and so whatever their actions are, if largely affects how business and companies earn profits from consumers and through their selling.
Business location is an important factor for every business, especially as form of investment. Wherever a business is located, the location defines the market needs and stability of the consumers around it, the price value of the commodities on it, or in short, the whole market value that currently exists in the location affects how a business moves and compete with other businesses.
how does economy affects business
how does economy affects business