With the current state of business, what are your advise towards the economy effect on business?

[Sincerem]

Well, even with constant rate at which the economy is dwindling and a lot of countries are rapidly falling into recession. I would advice a business owner to change their business strategy that is if they operate more offline they should take their business online so as to attract more customers that would subsequently increase patronage.

 

[Syldan]

The current state of business, in most of the third world countries today is very low compared to others. there is high level of unemployment, high crime rate dir to lack of jobs and poor citizenship due to lack of education.

 

[Bookwormlux1]

The economy sure has a great effect on businesses, and this is usually due to some kind of undesirable policies that the government make that frustrate especially small businesses.

 

[Shigobad20201]

The current state of business, in most of the third world countries today is very low compared to others. there is high level of unemployment, high crime rate dir to lack of jobs and poor citizenship due to lack of education.

The economy is having a negative effect on the business world , and the level of unemployment is increasing everyday because we keep having graduates everyday which is now leading to crime

 

[Syldan]

In our current state of economy to day and the global world in general, the government of the various countries most of them are not trying for their citizens high rate of unemployment lead to crime.

 

[Setho]

The economy of every business is always changing and it is not going to be a good thing for yourself to constantly be blaming it for your failures. This is why it is very advisable that you should be informed about everything that is happening in your industry so that you are going to position yourself well.

 

[Bookwormlux1]

We have to top up our game and think outside the box to make sure we only go to businesses that are less affected by government policies so that we can stay strong all the time .

 

[Shigobad20201]

We have to top up our game and think outside the box to make sure we only go to businesses that are less affected by government policies so that we can stay strong all the time .

Being on top of our game and also being consistence in your business isthe only way your business will keep surviving under this harsh economical condition in this world.

 

[Sotherefore]

I don't really understand, when the economy of a country is good obviously that will really affect a business positively and also the other way around if the economy is bad. It is the responsibility of the government to create a stable economy in a country.

 

[Bookwormlux1]

Business owners need to bear in mind that the situation is a general one, and is not limited to any sector at all, so it is much more important that they learn how to bear with it wherever they are, and not give up .

 

[Setho]

The economy of a business is basically the things that drives it forward or backwards. This is why it is always the case that whenever the general economy of the country is blooming there is a tendency that micro services is also going to be going forward.

 

[Syldan]

Actually the general economy is going down and almost on daily basis and such has been causing so much negative effect on business. Alot of people have been experiencing challenges in business due to the economic breakdown and I will advise never to give up on you business.

 

[Bookwormlux1]

It is obvious that the economy of different countries have been affected , and one has to try as much as possible to make sure that they do what is expected of them to succeed , no matter what happens to the economy.

 

[Shigobad20201]

It is obvious that the economy of different countries have been affected , and one has to try as much as possible to make sure that they do what is expected of them to succeed , no matter what happens to the economy.

The economy of all the world has been affected negatively like you said , but some country economy are more affected than the other , most especially the economy of the underdeveloped countries.

 

[Setho]

My advice is that everybody should be monitoring the state of the economy at all times. Whenever you discover today economy is showing signs of weakness then it might be the right time for you to stop taking too much risk.

 

[Shigobad20201]

Since the economy has been getting worse , it has been affecting the state of business almost everytime because the price of the commodities in the market keeps rising .

 

[Ononivami1]

Choosing a business now needs lots of attention because most of the business are been affected by the poor economy of the country. The most important thing is that business must be Choosen with precision.

 

[Syldan]

Actually business has been experiencing alot of setbacks and challenges since the outbreak of the pandemic, the economy has not been stable alot of raise and fall in the value of goods and services making some people even more discourage in running business.

 

[Setho]

The economy is going to be something that is going to heavily affect your business if it is positive or not. This is why you should always keep an eye about economic happenings especially if there is an incoming recession or inflation.

 

[zelalem]

An economy that is experiencing some downtime is not the result of a poorly run business, but the result of a coronavirus pandemic. So, in order for the economy to recover, we must think positively that this will be over soon.