Socio economic conditions, Microeconomics

Socio Economic conditions of country also affect the sales forecasting. They may include total national income per capita income standard of living of the masses, education, inflation deflation etc. For instance if the prices are rising sharply and the production is not increasing to copes the demand then it will be difficult for the public to satisfy their wants. It will lead the reduction in demand and thereby the sales forecast will be affected on the country. If thee is a rapid increase in the per capita income along with increase in production the demand will increase and thereby by the sales forecast will be affected.

Posted Date: 3/30/2013 1:54:06 AM | Location : United States







Related Discussions:- Socio economic conditions, Assignment Help, Ask Question on Socio economic conditions, Get Answer, Expert's Help, Socio economic conditions Discussions

Write discussion on Socio economic conditions
Your posts are moderated
Related Questions
ive been asked to compare shapes of graphs e.g. constant slopes increasing, decreasing, inelastc using the concepts of marginal and average changes?

Basics of Theory of demand: The most famous approach in the history of consumer behaviour, after indifference curve approach, is the revealed preference approach. In the revea

Supply function given by equation QS = 3P - 50. Write an equation proposals if: a) Government introduces subsidies of 5 $ per unit; b) the government introduced subsidies of 15%

GIVE AND EXPLAIN IN DETAIL,ARGUMENTS GIVEN TO EXPLAIN LEONTIEF''S EMPERICAL FINDINGS ON THE HECKSCHER-OHLIN MODEL OF TRADE.

Average Product (AP) of a Factor: The productivity of a factor is often seen in terms of its average contribution. Although not very important in the theoretical discussions,

Disposable Personal Income The amount of cash remaining after taxes are removed that an individual has the opportunity to spend.

Consider the following flow (in thousands of people) between the various labour market states in a particular month:

Some Cost Considerations for Managers * Three guidelines for estimating the marginal cost(MC): 1) Average variable cost should not be used as substitute for the marginal cost(

Why is it considered well to bring all BOP's to zero?   If BOP of any country is zero, it reflects that the present account of that country has sufficient balance to meet the n

I am concerned that if we get into price war with Everest Solution