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Schach [20]
3 years ago
15

Discuss the possible causes of change in Shoprite​

Business
1 answer:
velikii [3]3 years ago
6 0

Answer:

Economical factors, company reasons, innovative leadership, business growth, and competitor actions are common causes of business change.

Explanation:

The economic factors influencing business activities

In a country concerned with the production, distribution, and use of goods and services, the economy includes all activities.

The economic environment has a major impact on companies. Consumer expenditure affects prices, investment decisions, and the number of employees employed by enterprises.

In four main ways, the economic climate affects companies:

  • unemployment
  • Consumer income change levels
  • Rates of interest
  • Rate of taxation
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