SWOT method of business development serves as the foundation of developing these strengths.
The term SWOT is the full form of Strength, Weakness, Opportunity, and Threats. Mr. Justin pays more attention to record the pulse and needs of the customers who wish to acquire the talent of surfing. It is part of observing the opportunity and the strength of the customers.
Mr. Justin also Monitors the activities of Weakness and the Threats by comparing the operation procedures of other people involving in the same surfing business. Along with capturing the weakness, Mr. Justin needs to justify the threat by restructuring his business approach which should not be underestimated by the existing customers when they try to pick the service of the business individuals.
When this scenario takes place within the economy the main consequence is that there is a shift from one component of the money supply such as checkable deposits with less multiple expansion to another money supply such as traveler's checks. This therefore causes the money supply with multiple expansions to increase.
Creditors may be suppliers or people who have provided credit to an individual or company. When somebody takes out a loan with a bank, the creditor is the bank, and the borrower is the debtor. A company's employees may be creditors when the firm owes them wages and bonuses, as are governments (owed taxes).
The closest correct answer is that a black market is most of the time very profitable, because prices tend to be higher than they would be without the black market, and without the price controls.
The reason why black markets emerge when price controls are imposed is because price controls do not allow prices to equilibrate supply and demand, meaning that under a price control, supply falls short of demand, causing scarcity for consumers.
This scarcity can be solved by the black market with higher prices.