The role and impact of economical environment on business are large as they lead to increased rates, currency exchange rate, saving rates, and inflation. They also have an impact on the market size, the demand, and the supply.
Customer service play an important role in every business and specialy in bank they gain the trust of the customers through providing customer service.
what is the role of sales promotion for the organozation'
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The impact of business on consumers is significant, as it shapes their choices, experiences, and overall quality of life. Businesses influence consumer behavior through marketing strategies, product availability, and pricing, which can affect purchasing decisions and perceptions of value. Additionally, the quality of products and services can directly impact consumer satisfaction and trust in brands. Ultimately, businesses play a crucial role in defining consumer needs and preferences within the marketplace.
Primarily advertising and insuring the good reputation of a business.
describe five technilogy and business trends that have enchanced the role of information systems in today compettitive business environment
Sociocultural environment plays a major role in the way businesses market and sell their products. When the market changes, businesses must change as well in order to remain relevant.
a fierce competitor in the global business environment.
Some of the multilateral dependencies which can impact a business are nature, geographic location and politics. These play a major role.
increase demand and availability of resources including capital and knowledge people and labour
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role of government in the promotion of small and medium scale
Anterprenor is a that person who imetates , inovates and who undertakes a business
Application
internal public relations play an auspicious role in the economical condition of an individual and even of the country,the internal public relations are the footprints for having a successive business.
There are following roles of Information system in Business environment: 1.) In the today's competitive world Information System in Business Environment Environment acts as goal oriented process. 2.) Information system acts as a big revolutionary change in Business Environment. 3.) Information system also play a very important role in decision making process.
A patron in a cafe is a customer who regularly visits and supports the business. Their role is to provide revenue and create a welcoming atmosphere. Patrons can impact the overall experience for customers and staff by fostering a sense of community, encouraging repeat business, and influencing the cafe's reputation through word-of-mouth recommendations. Their presence can also contribute to a positive working environment for staff, leading to better service and customer satisfaction.