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What are factors affecting SA industry ability to remain competitive in a global market like The economy?
Several factors influence South Africa's ability to remain competitive in the global market, with the economy being a significant one. Economic stability, including inflation rates, currency fluctuations, and overall growth, directly impacts industrial investment and productivity. Additionally, access to resources, infrastructure quality, and labor market conditions also play crucial roles. A challenging economic environment can hinder innovation and increase operational costs, making it difficult for industries to compete internationally.
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What are some of the major issues affecting the economy today?
The major issue affecting the nigeria economy is lack of self embezlement
What are the circumstances under which a perfectly competitive market may prevail in any economy?
There cannot be any external forces affecting the competition. Forces like govt. regulations, shipping expenses, etc.
Why the recession in us economy affecting the world economy?
many events
Contribution of industry to national economy?
The industry contributes to the national economy by creating things for consumption.
What Is the level of competition high or low in a mixed economy?
A 'command economy' is also known as a central economy where all supply of goods and services is controlled by the government. Most of the assets are owned by the state and the state tries to forecast demand for all goods and services and then allocates available resources to meet this demand. The whole idea of the command economy is that there should be no competition which creates inequalities amongst the people and then you have to have businesses which is driven by the profit motive (which is considered immoral compared to the high ideals of communist/socialist regimes).
What did mikhail gorbachev's program of perestroika have on the cold war?
It weakened the Soviet economy, affecting the Soviet Union's ability to support military commitments around the world.
How can traditional hostilities affect business?
Traditional hostilities affect business by affecting the flow and availability of natural resources, affecting the stability of the local economy, and affecting the ability of any company to establish a presence, let alone making a profit.
What are some of the major issues affecting the economy today?
The major issue affecting the nigeria economy is lack of self embezlement
What are the circumstances under which a perfectly competitive market may prevail in any economy?
There cannot be any external forces affecting the competition. Forces like govt. regulations, shipping expenses, etc.
Why the recession in us economy affecting the world economy?
many events
Contribution of industry to national economy?
The industry contributes to the national economy by creating things for consumption.
What Is the level of competition high or low in a mixed economy?
A 'command economy' is also known as a central economy where all supply of goods and services is controlled by the government. Most of the assets are owned by the state and the state tries to forecast demand for all goods and services and then allocates available resources to meet this demand. The whole idea of the command economy is that there should be no competition which creates inequalities amongst the people and then you have to have businesses which is driven by the profit motive (which is considered immoral compared to the high ideals of communist/socialist regimes).
What is a Industrial based economy?
an economy based on industry
Coco cola what does it do?
is coco cola affecting the economy ?
What was affecting the french economy in the late 1700s?
the people
How price are determined in a competitive market?
based on economy
Positive effects on industry?
Positive affects on a nation's industrial economy can be enhanced by not having too many regulations to diminish the ability to produce products and enhance the nation's economy. There must be a balance however with industry to ensure via the government that the absence of certain regulations will not be a detriment to the workers or to the nation at large.
