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BUS100 - Professional Communication Skill Article

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King's Own Institute (KOI), Australia

   

BUS100 Professional Communication Skills (BUS100)

   

Added on  2020-03-03

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In this professional communication skill, we will cover supply and demand markets tick, the effect of price inelasticity on demand, the effects of price on demand and impacts of price changes on consumer surplus. We will discuss related articles to professional communication skills and all the articles have the type of resource, Reliability and bias.

BUS100 - Professional Communication Skill Article

   

King's Own Institute (KOI), Australia

   

BUS100 Professional Communication Skills (BUS100)

   Added on 2020-03-03

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Running head: PROFESSIONAL COMMUNICATION SKILLSProfessional Communication Skills Name of the studentName of the universityAuthor note
BUS100 - Professional Communication Skill Article_1
1PROFESSIONAL COMMUNICATION SKILLSTable of ContentsArticle 1– Supply and Demand: Why Markets Tick..................................................................2Article 2 - What is the effect of price inelasticity on demand?..................................................2Article 3 - The research on the impact of the changes of commodity price level in the worldcommodity exchanges on variation of general price level.........................................................3Article 4 - The effects of Price on Demand...............................................................................4Article 5- Impacts of Price Changes on Consumer Surplus.......................................................5References..................................................................................................................................7
BUS100 - Professional Communication Skill Article_2
2PROFESSIONAL COMMUNICATION SKILLSIf a business drops its price will it always increase demand - and will it make more profit?Article 1– Supply and Demand: Why Markets TickName of the resource – Finance & Development, 2017Type of resource – Government SiteName of the author / publisher – Irena AsmundsonMain findings – The change in Price can take place for several reasons such as technologyconsumer preference, weather conditions. However the rate of change of demand isdependent on sensitive/insensitive of the changes in price.Usefulness- Consideration of market changesReliability – Compliance with International Monetary Fund Bias – The website regularly updates its information Currency – Updated on July 29, 2017 Strengths and/or weaknesses – The weakness has been assessed with Complications from thedistinguished featuresArticle 2 - What is the effect of price inelasticity on demand?Name of the resource – Investopedia, 2015Type of resource – Commercial siteName of the author / publisher – InvestopediaMain findings – It has been discerned that price inelasticity has been conducive for theperformance of the business. It offers the firms with the various types of the flexibility factors
BUS100 - Professional Communication Skill Article_3

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