-because trends are an extremely reliable source of changes. They will give you early warnings about what is correct and what is wrong with your business. If you follow trends, you will see them. This will help you to create a reliable system for discovering sources of changes.
Changing levels of consumer income
An increase in spending will help businesses expand, lower unemployment and improve the economy. However, if consumer incomes fall, spending is likely to decrease. This means that businesses will not perform as well, unemployment will rise and the economy will be less stable.
Answers & Comments
Answer:
Yes trend have a impact on business
Explanation:
-because trends are an extremely reliable source of changes. They will give you early warnings about what is correct and what is wrong with your business. If you follow trends, you will see them. This will help you to create a reliable system for discovering sources of changes.
Changing levels of consumer income
An increase in spending will help businesses expand, lower unemployment and improve the economy. However, if consumer incomes fall, spending is likely to decrease. This means that businesses will not perform as well, unemployment will rise and the economy will be less stable.