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Consumer Confidence and New Business Start-up: A Newspaper Article and Email Message

Write a 750-word newspaper article on consumer confidence and a 750-word email message regarding a business start-up.

7 Pages2015 Words482 Views
   

Added on  2023-06-14

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The article examines the role of consumer confidence in shaping the global economy and highlights the impact of Covid-19 on consumer confidence. It also sheds light on the new business start-up plan that aims to import mobile phones from Taiwan or China and sell them to rural investors. The email message provides insights on market research, competition, and market structure for the new business.

Consumer Confidence and New Business Start-up: A Newspaper Article and Email Message

Write a 750-word newspaper article on consumer confidence and a 750-word email message regarding a business start-up.

   Added on 2023-06-14

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COURSEWORK 2 2A
750WORD NEWSPAPER
ARTICLE ON CONSUMER
CONFIDENCE 2B 750
WORD EMAIL
MESSAGE REGARDING A
BUSINESS START-UP
Consumer Confidence and New Business Start-up: A Newspaper Article and Email Message_1
Table of Contents
INTRODUCTION...........................................................................................................................4
MAIN BODY..................................................................................................................................4
Coursework 2a.............................................................................................................................4
Coursework 2b.............................................................................................................................6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................1
Consumer Confidence and New Business Start-up: A Newspaper Article and Email Message_2
INTRODUCTION
Global business environment is the process of international market in which the various
organisation of different country sale their good and services to the potential buyers in global
market in order to acquire the profit as well as contribute in economics in appropriate way
( Villaluz. and Hechanova, 2018). The present report will examine the consumer confidence
through the newspaper article. Furthermore, the study shade light on the new business start-up
which aim to lead the market in effective as well as efficient manner.
MAIN BODY
Coursework 2a
Consumer confidence—the crucial financial indicator
Consumer confidence refers to the key indicator of the economics which determine the changes
in the income of household, unemployment rates and inflation (Niesert, et.al 2020). With the
assistance of the activity of the consumer for instance, the buying powers of the consumer or the
willingness of spending money for the services and the commodity offered in the marketplace
consumer confidence is identified. It is the major element which give helping hands in shaping
the confidence of the buyers as well as economics of the world. In context to enhance the
performances of the global economics it is essential to boost the confidence of the consumer to
increase their spending activity. As per the analysation of the record the index of the consumer
confidence is decreasing day by day due to Covid-19 pandemic condition. Downfall in the scale
of covid 19 the economic value is affected highly as the government impose lockdown in the
country people are not able to sale their product or services as well as not able to buy from
outside. The consumer confidence increases when the economy grows or expend. The
manufacture expose the product and services in the market when the confidence of the consumer
is high. Through this the manufactures or the organization improves their ability to satisfy the
consumers and encourage the productivity. The people started investing the amount in e-
commerce business nowadays, so the ecommerce is the sector which have possibility of leading
the market in next 12 month (Claveria, Monte and Torra, 2020). The people prefer to buy the
product directly from online store, every individual avoid to go out for the purchasing due to fear
of coronavirus. Another reason is increasing technology, the people are finding easier to order
something through digit platform therefore the housing online services. So, the people willing to
Consumer Confidence and New Business Start-up: A Newspaper Article and Email Message_3

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