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I'm only 13 years old so don't trust me completely, but what I've learnt from my dad (he is the executive boss of Samsung) is that the business will not go well as people will not tend to use as much money if the stocks are low, however you can buy stocks and wait for the financial crisis to decrease and the stock prices will increase, which will give you income.
What else can I help you with?
Which of these does not affect your personal finances?
reading a library book...
What is external factors affecting pricing?
Mostly competitor external prices affect pricing.
What is the importance of statistics in management?
Statistics help managers understand trends that affect their business. With statistics, managers can justify making changes to policies and strategies.
What factors affect the globalization of an business?
Various factors can affect the globalization of a business. For example, cultural factors may affect how viable a product is in a certain location.
What are threats of new entrants in retail industry?
New entrants don't have a larger customer base, which means they will have less revenue. Also, new entrants may not know how cyclical changes in the industry will affect their business immediately.
How does the changes in economy affect business?
make people lose their business
How far do political changes affect the business?
They can destroy a business or make them rich!
How government changes can affect a business?
It would depend on the changes made and the business referred to, the question is far too broad.
What factors usually affect pricing?
What factors usually affect pricing?
What factors affect pricing when determining a new selling price?
· The cost of production · The market demand for the product · The desired markup by the business owner
Which of these does not affect your personal finances?
reading a library book...
What internal and external factors do you consider before making a pricing change?
Before making a pricing change, I consider internal factors such as production costs, profit margins, and overall business objectives. Externally, I analyze market trends, competitor pricing, and customer demand to assess how changes might affect our market position. Additionally, I evaluate economic conditions and potential regulatory impacts that could influence pricing strategies. Balancing these factors helps ensure that any pricing adjustments align with our strategic goals while remaining competitive and appealing to customers.
How government type and stability affect hospitality industry?
I think that most business have problems when the stability of the governemnt changes because so I think it most of the stability government will affect the business
What is external factors affecting pricing?
Mostly competitor external prices affect pricing.
How does business practices affect the spending habit and budgeting practices?
Business practices, such as pricing strategies can have a significant impact on budgeting practices. When businesses raise prices it leaves less money in the budget for other things.
Does inventory affect paper pricing?
Inventory adjustments can produce large swings in paper pricing
What affects a business externally?
Several external factors affect a business. This includes political events, social changes, as well as the economic performance of the country.
