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Disposable incomes (if product is elastic), personal taste, current trends, product features.
how did the huadenosaunee make decisions
In a command economy government planners make the decisions and in a market the decisions are made by individuals.
The problem of scarcity means that people have to make decisions about what they want most.For example,your teacher might want to buy a wall map and a video.The school may not have enough money to buy both.If your teacher chooses to buy both,he or she gives up the opportunity to buy the map
A good economist will be able to tell you trends of households, how business trends will affect you, and ultimately make it easier for you to make decisions regarding your business.
Because statistics tell us what the presents trends are now or were that can be projected into future.
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Statistics are important because you can gain insight about trends in business and finance. With more knowledge, managers can make better decisions.
Demographic trends refer to patterns in population characteristics over time, such as age, gender, race, and location. These trends can impact areas such as workforce dynamics, consumer behavior, and social services planning. Studying demographic trends helps organizations and policymakers make informed decisions based on changing population dynamics.
The study of predictable patterns is called pattern recognition. It involves identifying regularities or trends in data to make informed predictions or decisions.
Observing trends in data and ratios helps to identify patterns and relationships over time, enabling better decision-making and forecasting. It can provide insights into performance, efficiency, and overall health of an organization or system. Monitoring trends can also help to detect potential issues or opportunities for improvement.
Rudolf Hamberger has written: 'Strategische Make-or-Buy-Entscheidungen im Produktionsbereich' -- subject(s): Management, Woodworking industries, Make-or-buy decisions
Disposable incomes (if product is elastic), personal taste, current trends, product features.
Trends in consumer behavior refer to the patterns and shifts in how consumers act and make purchasing decisions. This can include changes in preferences, shopping habits, demographics, technological influences, and social values that impact how consumers interact with products and brands. Understanding these trends is crucial for businesses to adapt their strategies and meet the evolving needs of their target audience.
how did the huadenosaunee make decisions
Identifying occupational and industrial trends helps in understanding the evolving job market, allowing individuals and organizations to make informed decisions about career choices, skill development, and talent management. Analyzing these trends can also help to anticipate future job demands, identify emerging industries, and prepare for changes in the workforce landscape.