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Economics and Business - Coggle Diagram
Economics and Business
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6 key concepts
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making choices
we make choices when we buy things you way up if you want to buy the new pair of shoes or the fruit your really need to buy
specialization and trade
different countries produce different thing for e.g. china produces cloths and we can buy or trade cloths and materials from china for cheap
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Self-Measuring AFL Ball
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My main customers will be people that have to work on their kicks long distance kicks, short hard kicks or just want to see how far they can kick the ball
My competition is normal AFL balls that cant measure how far you kick the ball or how hard you can kick it all it does is just fly through the air
I will sell my product at The AFL Store, BigW, Kmart, Rebel, Jim Kid Sports, AFL World Wide and Sporting house direct
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I will attract customers with spam emails, text messages, ads on TV, posters and sponsorship from HJ'S
Scams
a scam is a trap to dishonestly steal a consumers money. Scammers use different techniques to trap people.
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