How does external economic forces play a part in business? Example?
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How does external economic forces play a part in business? Example?
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- I figured out the dual but still need an economic interpretation please.Consider the following scenario and then answer the questions that follow. You and two friends have identified a gap in the market in your hometown for work-from-home business clothing. This clothing is functional, comfortable and looks smart in online conferences and meetings. You decide to start a new business designing and manufacturing the clothing. Identify and critically discuss the economic system you would prefer your business to operate in. Justify your choice. Discuss the resources you would need to start your business as entrepreneurs
