What factor affects competitions in the market economy to heat up move
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What factor affects competitions in the market economy to heat up move
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What economic factors affect the market?
Inflation, demand and supply, interest rates, taxation, and recession all have an impact on how much money people have to spend and how much their things cost. These variables have an immediate influence on both the market and your consumers. Economic development and growth are impacted by four variables, according to economists: human resources, physical capital, natural resources, and technology. Governments in highly developed nations place a strong emphasis on these issues.
As previously indicated, four key elements influence trends: government, foreign transactions, speculation/expectation, and supply and demand. These topics are intertwined because anticipated future situations influence current decisions, which in turn influence existing patterns.
All key economic developments that might assist or hinder the firm in accomplishing its goals are considered economic variables impacting business. Consumer behavior, employment issues, interest rates, and banking, inflation, and general economic indicators are all prevalent economic elements that impact firms.
How factors of marketing and operations affect the competitiveness of an organization? brainly.ph/question/19950990
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Answer:
Inflation, demand and supply, interest rates, taxes and recession all influence how much money people have to spend as well as the price of your products. These factors have a direct impact on the market as well as your customers. Economists generally agree that economic development and growth are influenced by four factors: human resources, physical capital, natural resources and technology. Highly developed countries have governments that focus on these areas.
Explanation:
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