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How Economy Affects Business – (KEY REASONS …

https://smallbusinessify.com/how-economy-affects-business
  • Estimated Reading Time: 9 mins
      1. Employment Rates. One of the most important things to look at on both a national and local …
      2. Timing. It’s important to remember that the current economic situation can’t always stay as …
      3. Inflation and Prices. The prices of products and services can have a dramatic effect on your …
      4. Changes in Politics. Whenever the government makes any dramatic change, the economy …
      5. Laws. Businesses must stay in line with current laws and regulations. Unfortunately, most …
      6. Interest Rates. One of the main things you’ll want to keep an eye out for as a business …
      7. Current Social Mood. One of the most influential factors in the economy is the current …
      8. Technological Advances. Changes in technology have a tremendous effect on the …
      9. Usefulness of Products. One of the factors to consider is how often a customer is able to …
  • How Culture Affects Business: Adopting Effective Business …

    https://theguamguide.com/how-culture-affects
    • Some laws instruct companies not to discriminate against workers and applicants based on race and religion. However, it is not the case for other parts of the world. To succeed in business, you need to find out how different countries deal with race and religion. We are not implying that individuals must tolerate decimation. However, it is essential to understand different viewpoints. …

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  • Business Impacts of COVID-19 (and How They’ll Affect the …

    https://online.wharton.upenn.edu/blog/how-coronavirus-will-affect-the-future

    Jul 14, 2020 · Business Impacts of COVID-19 (and How They’ll Affect the Future) The coronavirus has impacted economies and lives around the world. Businesses have had to pivot their strategies, policies, and offerings to stay in business. Managers have had to adapt their approaches to lead teams remotely. What are some of the business impacts of COVID-19, …