Business

Elements Influencing the Business Environment Supply and Demand

When it comes to understanding how to navigate a business environment, a leader needs to understand all of the elements. Some are important to the enterprise, and others are more significant outside the business’s walls. It is a good idea to take the time to consider all of them before

Business

What is a market?

A market is a place where buyers and sellers of goods and services meet. It can be a real-world physical location or a virtual one. It can involve transactions that occur under different degrees of government regulation or monopoly power. In economics, a market is defined as a “region of free intercourse”. The term can […]

Business

Benefits of Social Media Network in Business

A social media network can be an invaluable marketing tool. It can help you build customer relationships, attract new clients, and boost brand awareness. It can also provide a wealth of research and industry knowledge, all of which can improve your business. Creating a presence on Facebook, Twitter, or Instagram is the perfect way to […]

Business

Factors Influencing Economic Growth – Why Growth Matters?

Economic growth refers to the increase in the total production of goods and services in an economy over a period of time. The most obvious causes are increased demand for goods and higher incomes. But it can also be caused by a number of random fluctuations or by changes in the business cycle. Several structural […]

Business

What Is Globalization? – Effects of Economic Globalization on International Relations

The effects of economic globalization are not well understood. While some countries have benefitted greatly from the process, others are suffering due to it. Globalization also presents new challenges for governments. Globalization involves the movement of goods, services, and capital between nations. As a result, there is more interdependence among nations. This

Business

Benefits of Building a Successful Business using Social Media

Social media is a powerful tool for any business. It helps you engage with your audience and can lead to more traffic, better SEO and increased conversion rates. However, it takes time to build a following. The process can take several months or even years. While social media can help you connect with your audience, […]

Business

How do businesses use technology in the marketing of distribution?

Distribution is the path through which goods are delivered to consumers. A distribution channel can be either direct or indirect. It depends on the number of intermediaries involved. Whether direct or indirect, a distribution strategy must be created and adapted to meet customer needs. Companies can master distribution channels by analyzing their market, their

Business

Benefits and Risks of Buying Online

Purchasing items online is convenient and allows customers to explore options and make comparisons. However, the Internet isn’t a substitute for physical stores. In fact, there are several reasons why consumers still prefer to buy in-person. Among these are the benefits of personal interaction, the perceived value of the product, and the ability to see […]

Business

US Markets Sink on Unexpectedly High Inflation

Inflation data from the US is out and the market is stunned. The Dow Jones Industrial Average drops over 500 points, the Nasdaq 100 drops 100 points and the S&P 500 drops 200 points. What happened? The answer is simple, the US economy has been experiencing high inflation. The Fed is trying to keep inflation […]

Business

US interest rate hike will weaken the economy

The Fed’s new interest rate hike is going to hurt the economy. It will increase borrowing costs, slow the economy and hurt consumer prices. The Federal Reserve is set to raise interest rates for the fourth time this year, this time by three-quarters of a percentage point. This is the largest one-time increase since 1994. […]