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Why do small businesses fail? (EXPLAINING (HOW/WHY) (Why do we buy and…
Why do small businesses fail?
DESCRIBING (WHAT/WHERE)
Where does it happen the most?
(def market sat) = market saturation: too much of a certain product
depends on consumer purchasing power; as well as competition, prices, and technology
what is it? are there different types of it, different levels?
what are the warning signs?
EXPLAINING (HOW/WHY)
Why do we buy and throwaway at the change of a trend
When and why did we become a 'linear' society?
IMAGE FOR REFERENCE
Why do people 'fall into' market saturation- i.e. what about society means we end up there?
Who caused that?
GENERIC SOCIETY? A PRODUCT, A SIDE-EFFECT, OF HOW CESSPIT OF FILTH OF A SOCIETY??
How does market saturation occur? Why?
Is there a reason behind us buying?
What makes someone choose a brand over another?
Why does the average person own so many things?
what makes something attractive t buy?
MANAGEMENT (WHAT SHOULD/COULD BE DONE)
should be fixed?
Could raise awareness?
hOW TO RAISE AWARENESS? FLYERS?
could educate in schools?
Could educate the wider poprulation?
could educate business owners/entrepreneurs?
IMPACTS (EFFECTS)
What does market saturation mean for small businesses?
What does market saturation mean for consumers?
How has market saturation changed the business landscape?
How has it made the market tougher to succeed in?
Consumerism
what types of behaviours does it enforce?