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1)Changes in the Price of a good or service (2)Changes in consumers’ Income spent on goods and services (3)Changes in the Tastes/Preferences of consumers for goods/services (4)Changes in the Prices of related goods and services: Substitutes and Complements (5)Changes in government fiscal policy (spending and taxation) and monetary policy (interest rate etc) (6)Natural disasters (storms, … Read more
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Organizational design - is the process by which managers select and manage various dimensions and components of organizational structure and culture so that an organization can achieve its goals. Organizational structure - is the formal system of task and reporting relationships that controls, coordinates, and motivatesRead more