âIn the end, however, it's up to me to decide if I will be a willing pupil at any given time, to decide if I have little enough belief in my own feelings to subjugate them to the ways of another.â âBut on many issues they have been just as ready to subjugate human rights to their political interests.â
Entrepreneurship tends to focus on identifying and fulfilling consumer needs in specific niche markets, but all businesses can be affected by large-scale economic trends. Accounting for trends in the overall economy can help business managers make better decisions. Economic factors that commonly affect businesses include consumer confidence, employment, interest rates and inflation.
Income. Income is one demographic variable that can affect businesses. A company's products usually appeal to certain income groups. For example, premium products such as high-end womens' clothing usually appeal to women with higher incomes.here are a number of demographics that can affect a business. Demographics are various traits that can be used to determine product preferences or buying behaviors of consumers. Most companies identify their key customers through these various traits.