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How does business practices affect the spending habit and budgeting practices?
Wiki User
∙ 9y ago
Business practices, such as pricing strategies can have a significant impact on budgeting practices. When businesses raise prices it leaves less money in the budget for other things.
Wiki User
∙ 9y ago
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Write 5 paragraphs explaining how global economics business practices and media bias can affect the spending habit and budgeting practices of an individual?
Global economics, business practices, and media bias can affect the spending habit and budgeting practices of an individual because they are external environmental factors that affect spending habits.
How might psychological factors affect the business cycle?
optimism can lead to increased consumer spending and greater business productivity.Pessimism can make people more cautious,reducing consumer spending.
Do Wal Marts business practices raise or lower your standard of living?
No, you can't allow Walmart's business practices to affect your life. If you work there, and Walmart is affecting your standard of living, you can try to find another job.
How do changes in monetary policy affect your family's spending and business spending in the economy?
[If the Federal Reserve is selling bonds, banks will have lower reserves due to decreased deposits. With the decreased reserves, they will have to decrease the number and size of loans. The decrease in loans and the resulting higher interest rates discourage business (and consumer) borrowing and spending. The decreased spending in the economy should result in decreased business production and employment.]
What is economic constraints?
an economic constraint is something that will affect a business for example, customers have stopped spending their disposable income on luxuries because of a recession, so a business will lose sales and profits
Write 5 paragraphs explaining how global economics business practices and media bias can affect the spending habit and budgeting practices of an individual?
Global economics, business practices, and media bias can affect the spending habit and budgeting practices of an individual because they are external environmental factors that affect spending habits.
How does global economics affect the spending habit and budgeting practices?
Global economics have an effect on currency value and on inflation within certain countries. Global competition can affect local prices. These factors can effect budgeting practices.
How does media bias affect the spending habits and budgeting practices?
64% of all marketers plan to increase their social media budget.
How does ozone effect business practices?
Ozone does affect business practices. As ozone is depleting, the business of CFC's is going down.
What are some of the ways unethical business practices can affect a business?
Unethical business practices can cause a business to lose the respect of other business wanting to do business with said company.
What is business science?
Business science consists of the methodologies that affect the discipline of business. These methodologies can be theories or best practices.
How does budgeting affect bill paying?
Budgeting makes bill paying easier and lets you know how much money you have for other things, like food, gasoline, clothing, etc. Without budgeting, money could be spent before paying the bills. It lets you know exactly where your money is going and how much you are spending for each thing.
How might psychological factors affect the business cycle?
optimism can lead to increased consumer spending and greater business productivity.Pessimism can make people more cautious,reducing consumer spending.
How does budgeting and funding affect me?
Budgeting and funding affects ordinary citizens through taxation
Do Wal Marts business practices raise or lower your standard of living?
No, you can't allow Walmart's business practices to affect your life. If you work there, and Walmart is affecting your standard of living, you can try to find another job.
How do changes in monetary policy affect your family's spending and business spending in the economy?
[If the Federal Reserve is selling bonds, banks will have lower reserves due to decreased deposits. With the decreased reserves, they will have to decrease the number and size of loans. The decrease in loans and the resulting higher interest rates discourage business (and consumer) borrowing and spending. The decreased spending in the economy should result in decreased business production and employment.]
What is economic constraints?
an economic constraint is something that will affect a business for example, customers have stopped spending their disposable income on luxuries because of a recession, so a business will lose sales and profits
