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Q: How would closing a factory affect many businesses in a town?
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Continue Learning about Economics

How would Friends of the earth affect the operations of a retail firm?

They would have to relocate businesses elsewhere.


How does technology affect productivity in an economy?

Usually, new technology will increase productivity in the economy. For example, if you replace a human in a factory with a robot that can work twice as quickly without breaks, productivity would increase.


What is the importance of being a wise consumer?

Consumer is important for businesses because they buy the product/service that the business makes. Without consumers, there would be no point to have businesses since no one will buy the goods/services. No market can exist without consumers, and the eonomy depends on customers to spend money so the people who are paid can become consumers as well.


What is the enternal and external for the firm?

Internal & External FactorsInternal factors that affect businesses come from within the business itself, without regard to any outside factors like customers and other businesses. External factors would be opposite.Internal factors:1) Employee Turnover/Employee Satisfaction2) Management of Resources3) Research and DevelopmentExternal Factors:1) Advertising2) Quality of business reputation, or quality of products business produces3) Competition by other businesses


How pressure groups affect the business?

A pressure group affects decisions made by people or the government. So, for example if a pressure group, like a medical association, persuades the government to close down companies producing tobbaco, then this would affect businesses or companies producing tobacco. This will also be a loss to shops that sell cigarettes.

Related questions

How would Friends of the earth affect the operations of a retail firm?

They would have to relocate businesses elsewhere.


What would be the definition of closing?

What would be the definition of closing in a letter?


When a factory pollutes a river the costs and losses that affect people downstream would be called?

external loses


Where could one find trench coats for men?

Trench coats for men can be found at most retail businesses such as berlington coat factory or any coat factory. One would have the most luck during the fall.


How does businesses affect the community?

they could be potential employees and customers who can help the organisation be successfully. without the community there would be no business


Which are two importants canals which is closed can affect 40 percent of the world trade?

Panama Canal & the Suez Canal closing would be an economic disaster.


Looking into material handling solutions.?

There are wood craftsmen who can build such picnic tables for you which would be beautiful at a reasonable cost. Also, you could contact businesses which are closing and ask them about purchasing their used merchandise.


which development would most reflect karl marx's belief in the economic system that he predicted would replace free markets?

That workers would share all profits generated from a factory


Does closing a credit card with a balance affect your credit rating?

Absolutely!!! Your credit score would go down and interest might be charged. Would be more of a lose for you. Its better to close it with a paid balance!


Would closing a credit card damage my credit score?

Yes closing a credit card can damage your credit score. But as long as everything else is good it should not affect you credit rating to much. Look for tips to keep a good credit card rating.


What is the opposite of opening?

The opposite of opening would be closing or shutting.


Is closing stock appear in the trail balance?

Yes it should. It is possible that the closing stock would be shown as the opening stock with a change in stock value separately which would give the closing stock.