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it has a very bad impact because businesses lose customers and it also has a decrease in its sales ,resulting less or no profits at all.It also loses employees because if they do not follow their job description they get fired and then also open cases for unfair dismissal.BY NOMBULELO NKWANYANA(RICHEM SECONDARY SCHOOL MATRIC 1 CLASS OF 2014

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Q: The impact of industrial action on business?
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What is the impact of industrial action on business?

Define " industrial action ".


What is contempory socio economic issues and impact on the business?

the impact of contemporary socio-economic issues on the business enviroment


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The term business economics is used in different ways. Sometimes it is used synonymously with industrial economics/industrial organization, managerial economics, and economics for business.


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How business environment affect the Trend and pattern of industrial growth?

The business environment has a direct impact on the trend and pattern of industrial growth. Changes in the business environment can cause shifts in the competitive landscape the availability of resources consumer spending patterns and other factors that influence the growth trajectory of an industry. Here are some of the ways in which the business environment affects industrial growth: Changes in consumer spending: An increase or decrease in consumer demand for goods or services can cause a shift in industrial growth. For example an increase in consumer spending on health care services may lead to an increase in the growth of the health care industry. Changes in regulatory environment: Changes in the regulatory environment can also impact the growth trajectory of an industry. For example an increase in the number of regulations related to the banking industry may lead to slower growth in the sector. Availability of resources: The availability of resources such as raw materials labor capital and technology can also affect industrial growth. An increase in the availability of resources may lead to an increase in the growth of an industry while a decrease in the availability of resources may lead to a decrease in the growth of an industry. Technological advances: Technological advances can have a significant impact on industrial growth. The introduction of new technologies can lead to increased efficiency improved quality of goods and services and lower production costs which can all contribute to the growth of an industry.Overall the business environment has a direct impact on the trend and pattern of industrial growth. Changes in the business environment can cause shifts in the availability of resources consumer spending patterns and other factors that influence the growth trajectory of an industry.

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What is the impact of industrial action on business?

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