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ivann1987 [24]
2 years ago
7

In this lesson, you started by reviewing customer demand before choosing a business. What microeconomic factors point to the fac

t that your business should be successful? Be sure to provide evidence for your claim.
Social Studies
2 answers:
vovikov84 [41]2 years ago
8 0
The microeconomic factors that are important to consider in business is competition, the supply and demand, elasticity of the goods and similar variables. Depending on the business, each has factor has a unique impact which  can either help or ruin the business.
rewona [7]2 years ago
7 0
<span>It is clear that consumers in the area are able and willing to purchase custom outdoor shoe equipment. Data from surveys and market research demonstrate that the standard of living is high enough for my product. These data also demonstrate that new coffee shops are not in demand in my community. A new coffee shop may be successful, but it would be a bigger risk considering the capital need and the amount of competition already present.</span>
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1 year ago
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professor190 [17]
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Bram says his contribution to Urban Escapes was to organize the business and provide it with discipline. According to what you l
xxTIMURxx [149]

Answer:

survival stage

Explanation:

Bram's work is particularly important in the survival stage. This stage refers to the organization and administration of the company's resources, assessing the relationship between expenses and income and the discipline between them. In addition, it establishes how the fundraising will be for the production of the business, the balance of the cash flow, how the business will be organized in all its factors and within its branch, among other things. As Bram was responsible for organizing the business and providing discipline, we can conclude that this work is important for this stage.

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