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Socio Economic Impacts of Business To Consumers, Etc

The document discusses the socioeconomic impact of businesses on consumers, suppliers, and households. Businesses influence consumers emotionally and encourage them to look for value while offering social responsibility and changing behavior through excellent service. Consumer and business confidence are impacted by interest rates, exchange rates, the business cycle, shifts in relative prices of essential goods and services, and government fiscal policy changes.

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Denise Nicole Cuartero
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46 views11 pages

Socio Economic Impacts of Business To Consumers, Etc

The document discusses the socioeconomic impact of businesses on consumers, suppliers, and households. Businesses influence consumers emotionally and encourage them to look for value while offering social responsibility and changing behavior through excellent service. Consumer and business confidence are impacted by interest rates, exchange rates, the business cycle, shifts in relative prices of essential goods and services, and government fiscal policy changes.

Uploaded by

Denise Nicole Cuartero
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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SOCIOECONOMIC IMPACT OF

BUSINESS TO CONSUMERS,
SUPPLIERS AND HOUSEHOLDS
EFFECTS OF BUSINESS TO
CONSUMERS

1. Influence consumers emotionally


EFFECTS OF BUSINESS TO
CONSUMERS

2. Encourage customers to look for


value
EFFECTS OF BUSINESS TO
CONSUMERS

3. Offer social responsibility


EFFECTS OF BUSINESS TO
CONSUMERS

3. Offer social responsibility


EFFECTS OF BUSINESS TO
CONSUMERS

4. Change behavior with excellent service


FACTORS THAT IMPACT BUSINESS
AND CONSUMER CONFIDENCE

1. Changes in Interest Rates, exchange rates


2. Swings in the business cycle
3. Shifts in the relative prices of
nondiscretionary goods and services such
as petrol, healthcare, education, utilities
4. Government fiscal policy (example TRAIN)
Thanks!

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questions?

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