1. Decrease Growth that is GDP because lesser employed people means lesser production. 2. Deflation: Unemployment effect consumers' demand. People demands tend to decrease because less of less. As a result, the producers have to decrease the prices of their product (decrease the level of profit) in order to make sell their products. 3. Social … Read more

Marketers have at their disposal  four major methods of promotion. Taken together these comprise the promotion  mix. In this section a basic definition of each method is offered while in the  next section a comparison of each method based on the characteristics of  promotion is presented.    Advertising – Involves non-personal; mostly paid promotions  often … Read more

An efficient office manager provides a strong foundation to a business. They oversee the working of the staff and ensure that the budget and records of the office are managed efficiently. An office manager has a wide range of responsibilities to carry out. From supervising the work of the office staff, to designing and implementing … Read more

Marketing helps in identifying human and social needs. In short we can say that " Marketing is meeting needs profitably". Here I would like to give reference of Philip Kotler's Definition Of Marketing : "Marketing is a societal process by which individuals and groups obtain what they need and want through creating, offering and freely … Read more