It is believed that the invisible hand of the market is what controls the market. The opinion is controversial, but predominant. It is believed so because the market is not subject to control and it seems to work on its own, as something independent. As a result, the market must be subordinated, it is necessary to adapt to it, its opinion must be taken into account, its desires must be guided.
Invisible hand of the market
The need to obey does not like businessmen who are used to having them all obey. It is all the more unpleasant to submit to something incomprehensible to whom, because the market structure is very abstract. But there is nothing left to do, you have to obey, because, if you do not do this, then you can fly out of it very easily, very quickly and forever. Continue reading
The economy is the basis for the development of countries, states, businesses and people. It may seem that it is something solid, but in reality it is not. In reality, the economy is heterogeneous, because it consists of sectors. Within the framework of the economy, it is customary to distinguish 5 sectors: primary, secondary, tertiary, quaternary and quaternary. In the economy of some countries, all sectors are present, including the post-industrial economy, while in other countries only a few.
But this is not all, because the economy has levels that are associated with the levels of development of civilization. Today, it is customary to distinguish 7 levels of the economy on this basis: Neolithic, Early Class, Antique, Medieval, Early Industrial, Industrial and Post-Industrial. In one form or another, the global economy as a whole is represented by both different sectors and at different levels. Continue reading
The situation faced by the modern economy, and with it modern business and marketing, is quite interesting. It is interesting in what happened for the first time in the history of mankind. Previously, there was nothing like this, because before there was always a shortage of goods, a lack of resources and everything sold well. Now he is gone, there are so many products that your eyes are flying up, there are also enough resources and they are cheap enough, so you need to change how you manage your customers.
You could even say that there is no problem with money. If you don’t have your own money, then you can take a loan and buy almost everything that you want. But sales, in spite of this, do not go as we would like, business does not go as we would like. Moreover, business and sales do not go at all. They don’t go so much that you can constantly see either one or the other company, often a well-known company, announcing its departure from the market. Continue reading