Using the Determinants of Demand to Make Strategic Business Decisions

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This 4 page paper looks at the five determinants of demand and considers the way in which they would be useful in strategic management of the business. Using the example of the bar the different determinants of demand and the way they can be used discussed, including influences of price, disposable income, advertising, complement in competing goods and fashion or trends discussed individually. The bibliography cites 2 sources.