Understanding the Impact of Business Environment on Trampoline's Profit Issues: A Microeconomic Analysis

This presentation provides a microeconomic analysis of the impact of business environment on Trampoline's profit issues. It explains the concepts of demand, supply, and elasticity in demand and how they affect the demand for trampolines. The presentation also discusses the factors affecting supply and the shift in the supply curve. The conclusion highlights the importance of understanding the impact of business environment on worldwide supply and profitability.

Business environment

Introduction
The business environment is the sum of all the
components that are external to management
organisations and have an impact on
management's global operations. There are a
variety of challengers, including the
government, customers, suppliers, and
cultural factors.

Trampoline's profit Issues
According to BBC news, transportation costs are
rising, causing the global price of trampolines to
rise, and one of the sports wholesalers is getting
famous for it. According to Owen, an outdoor toy
owner, there are significant disparities in
transportation costs and port congestion, which
may be increasing for larger toys and such as
frames and trampolines, which are becoming more
expensive for those who are unable to afford them

Concepts in Microeconomics
The requirement for a person to acquire items and
services is defined as having enough purchasing
power to buy specific commodities and other
components that remain constant. Because the
costs and quantity demand of products and
facilities are inversely related, the period of cost
that is present the items that maximise the needs of
presented products will be low, or vice versa.

Law of Demand
As a result, the costs and quantity of products and
facilities have an inverse relationship. There are
several aspects in the market that have similar
portions, as well as specific terms of methods.

There are various factors that will influence the demand for trampolines, including the
following:
• Price of the commodity
• Income of the consumer
• Price of related goods
• Taste an preferences of the customers

Elasticity in Demand
It's also known as demand curve variations, which
refers to a movement in the global demand curve
to the right or left, depending on specific
circumstances such as income, product costs, and
buyer preferences.

SUPPLY
The primary aspect that analyses the entire
available number for a certain commodity to its
purchaser is referred to as supply. It is also linked
to the number at the given price by which they can
ensure great proficiency in the market.

Law of supply
It determines that there is a positive relationship
between the offered cost and the amount of goods
available. Assuming that all other factors remain
constant, when the cost of specific commodities
reaches its maximum.

According to the above graphic, the supply curve
has a decreasing slope due to positive interactions
between supply and cost of the offered products.
When product costs rise from P3 to P2, supply
rises from Q3 to Q2, resulting in a rise in
trampoline prices in the marketplace.

Factors affecting supply
• Costs of production
• Government Subsidies
• Technology

Change in Supply Curve
The shift in the supply curve is defined as
differences in numerous aspects such as cost of
production, government subsidies, technology, and
company goals. When the supply of trampolines
reaches its maximum, the supply curve shifts from
S0 to S1, and the supply of products decreases,
shifting from S0 to S2

Conclusion
According to the above presentation, increasing the cost of trampolines will have an impact on
worldwide supply and profitability. The global market case is presented by two frameworks: demand
and supply, and demand and supply elasticity. As there are certain sections that effect global demand
and supply, such as commodity costs and purchaser income.

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