Blog Summary: A theorotycal brief explanation of how present Economy changes with external, internal factors.
My notes: A country economy depends of somany factors, majorly the confidence of the customer to do shoping, it depends of employment, Living standands, Job security.
Some times a cutomer can visit to buy how his brain stimulate to purchase with in his 5 senses, provide to puchase the product, presentation, one of the major benifitial attributes in the moderan economy.
What is Currency value: The currency value doesn't influence directly to cutomer purchasing, but it reduce the purchasing power, standard of living, for example you may get continues rains for agriculture, your own productivity doesn't depend on foreign imports.
Good Economy: Good economy depends of Population statistics and natural resources, area of the nation, Innovations, productivity of the employees, people helath and motivation, currency inflow.
Bad Economy: Bad Economy is a status of the economy, people doesn't have much purchasing power, depending on foreign coutries for aids, devaluating the currecy step by step to by necessary goods and services from out side (ex: patents on medicines,Technology, Services), giving banks or trasporation or oprational centers to foreign hands.
This notes only my experience and no need to be 100% accuracy and it may differ from one nation to other or one time to another time.
To the MBA's leave your comments, and share your exeperiences.
My notes: A country economy depends of somany factors, majorly the confidence of the customer to do shoping, it depends of employment, Living standands, Job security.
Some times a cutomer can visit to buy how his brain stimulate to purchase with in his 5 senses, provide to puchase the product, presentation, one of the major benifitial attributes in the moderan economy.
What is Currency value: The currency value doesn't influence directly to cutomer purchasing, but it reduce the purchasing power, standard of living, for example you may get continues rains for agriculture, your own productivity doesn't depend on foreign imports.
Good Economy: Good economy depends of Population statistics and natural resources, area of the nation, Innovations, productivity of the employees, people helath and motivation, currency inflow.
Bad Economy: Bad Economy is a status of the economy, people doesn't have much purchasing power, depending on foreign coutries for aids, devaluating the currecy step by step to by necessary goods and services from out side (ex: patents on medicines,Technology, Services), giving banks or trasporation or oprational centers to foreign hands.
This notes only my experience and no need to be 100% accuracy and it may differ from one nation to other or one time to another time.
To the MBA's leave your comments, and share your exeperiences.
No comments:
Post a Comment