Download presentation
Presentation is loading. Please wait.
Published byStephen Ernest Jones Modified over 9 years ago
1
Economic Risks Jackie Russell, Chloe Arth, Kristin Davis Risks that result from changes in overall business conditions
2
The changes that result from changes in overall business conditions can include the level or type of competition, hanging consumer lifestyles, population changes, limited usefulness or style of some products, product obsolescence, government regulation, inflation, or recession. Economic Risks
3
Businesses that fail to change their products when competitors offer more features and benefits. Foreign products; Can be produced and sold for less than similar domestic products.
4
Economic Risks If businesses fail to adapt to changing interest and needs consumer lifestyles and population changes are economic risks
5
Economic Risks The limited usefulness or style of some products is an econmoic risk. Seasonal products prices are reduced to sell by the end of a season. Which reduces both revenue and profits.
Similar presentations
© 2024 SlidePlayer.com. Inc.
All rights reserved.