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This is a very good question btw. With the ever-changing landscape of retail and marketing it is important to rely on the preference of all consumers. By the time of this writing, there are 2 days left before Halloween and 57 days before Christmas. These numbers are great example scenarios for your question.
During these festive seasons, consumers tend to shop season-related items. Meaning, businesses are then "forced" to keep up their pace with the time and start to devise strategies on how to catch the attention and veer the shoppers right infront of their storefronts and to (of course) stand out amongst the rest. This applies to both online and physical marketplaces.
What else can I help you with?
How does the local community influence a business?
A business market actually relies on the preferences of consumers in the local community. Whatever the local community may need, the business provides and relies on it to by giving services, products and other goods or commodities the local community consumers need.
What best explains why the free-market system follows a circular flow model?
consumers and producers influence each other in a circular fashion
Because the choices of consumers influence producers and the choices of producers also influence consumers the free-market system has which of the following?
A circular flow of influences
Name two factors that influence a consumers needs and wants?
Two factors that could influence a consumers needs and wants could be their peers or advertising.
Since the free enterprise system guarantees that there will be competition in business what benefit does competition have for consumers?
Competition forces businesses to produce goods at a price people can afford-----(novanet)
How does consumers purchases influence the decisions of producers?
If consumers didn't buy a producer's products, the producer would soon go out of business.
How does the local community influence a business?
A business market actually relies on the preferences of consumers in the local community. Whatever the local community may need, the business provides and relies on it to by giving services, products and other goods or commodities the local community consumers need.
What is business to- business to-consumers electronic commerce?
What is an Electronic Commerce.Explain Business to Consumers and Business to Business of Electronic Commerce with the help of examples
Why can consumers have influence over consumers?
Politicians rely on the votes of consumers to keep them in office.
What does competitive advantage have to do with business process analysis?
Examining your business processes to ensure that they are efficient will help you get a competitive edge. The faster your machines are able to produce products, the faster consumers will have them; this gives the business a competitive advantage.
Was the telephone developed for business and industry or consumers?
consumers
What best explains why the free-market system follows a circular flow model?
consumers and producers influence each other in a circular fashion
Of what importance is influence in business management?
Influence is the ability to bring about change and produce results; people derive influence from interpersonal power and authority. Interpersonal power allows organization members to exert influence over others.
Are salamanders consumers?
Salamanders technically are considered to be consumers. Salamanders are considered to be consumers because they do not produce their food.
Why do consumers have influence over politicians?
Politicians rely on the votes of consumers to keep them in office.
What kind of software does Absolute produce?
Absolute produces some of the best known software for management solutions. The software is great for business owners to manage their business and offers a variety of solutions and products to the consumers.
How do consumers affect a business?
Consumers can affect a business based on consumptions of goods. The amount of goods that are bought and sold affect the profit and loss of a business.
