Telemarketing refers to the use of the telephone to create leads, make sales or gather information. Small businesses can find telemarketing a valuable tool because it is faster and more cost-effective than personal selling. However, it offers the same benefits as personal selling in…
Economic Environment Factors impacting businesses
The economic environment refers to all economic factors that influence consumer and commercial behavior. All external factors that affect the economy, both in the immediate market and the larger economy, make up the economic environment. These factors can have an impact on a business’s performance and…