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When there are a lot of people unemployed the amount of money available with the public for spending will come down. So people would not be able to buy things they want. This in turn would directly affect business. the sales and profits for shop owners would come down.
Wiki User
∙ 13y ago
Wiki User
∙ 11y agoI'm not sure if this answers what you want to know, but I'll answer it how I understood your question.
What determines if people are employed or not in a business is where the business chooses to employ people. It is much cheaper for the business to hire workers in India or China compared to Australia or America. This is because the people in Australia require higher amounts of pay to survive as everything in Australia is much more expensive than in India or China. So if a people does not need much money, then they will be employed for a much cheaper cost. That is why India and China is favoured by so many companies.
Wiki User
∙ 9y agoUnemployment forces fewer employees to do the work of more people. This can cause stress, costly mistakes in orders or production and low morale.
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what is the impact of globalization on business organizations 1.World wide purchasing 2. Integrated Customer service 3. Global brand
Impact of Management Information System on Business?
Management information system (MIS) is completely integrated with business today. Various business functions such as customer satisfaction, sales and marketing, IT operations, HR, operations management all benefit from MIS.
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Business operations are how a business works. A business usually has various operations that you can do in order to find how they are making money and profits.
How do you make a sentence with impact?
Our regional measures have had a significant impact on unemployment.
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Cyclical unemployment
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Businesses can help alleviate poverty and unemployment by job creation and practicing social sustainability. By factoring in how the business conducts itself and what impact its practices have on the whole, it can reduce these social issues.
What type of unemployment caused changes in the business cycle?
Cyclical unemployment
What does cob mean unemployment?
Close of business
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productive decreases, unemployment rate increases
What are the 6 key functions of a business operations?
what are th 6 key functions of business operations
What are the negative impact of unemployment on economic development of Bangladesh?
Why is it only about a country? It is same everywhere. Unemployment is synonyms to negative( whatever it is) so whereever there is unemployment there is ..............
Can business take a percentage out of the workers paycheck to pay the unemployment benefits?
No. No state deducts unemployment funds from employee's paychecks. Payroll taxes paid to the state by the business funds unemployment benefits.
