1. Roles Of Economy
Been aware of changes in market, economic conditions, competition will benefit the supplier, seller and consumer through a high percentage of sales. ... If the supply of a product is constant, greater demand will allow higher price. ... For example, technology has come up with new systems to make businesses simpler and productive, and at the same time would benefit the supplier and sellers. ... The computer system sends a signal from the grocery store to the supplier identifying items that are running low in stock. ... This interaction between the grocery store and the product supplier is a wi...
- Word Count: 1459
- Approx Pages: 6
- Grade Level: High School