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Business Essentials Presentation

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20XX
Business Essentials Presentation
By Valeen Welcome
How demand and supply affects this
Business?
DEMAND
AND SUPPLY
IN BUSINESS
• In this business, once the demand is
high, prices generally increase across
the board.
• When supply is low, prices increase
as well.
• When supply is in abundance, prices
will be reduced.
• When there is not a high demand for
the product, prices will also be
reduced for it.
2
What are essential factors of
production are most central to the
firm’s operations ?
Production in a
Business
• In this business, production is
not an essential part. When they
do, prices will increase once raw
materials are no longer available,
because the demand will be high
and the supply will be low.
3
How fluctuations in economic indicators affect
this business?
ECONOMIC
INDICATORS
IN BUSINESS
• In this business, with regards to economic
indicators, if there is not enough disposable
income and prices are high, this will negatively
affect this business due to people not buying
goods or products that they do not need. They
will only purchase the necessities.
• This business will be affected if those
necessities are not meant because the business
will be left with stock at hand and low
profitability.
4
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