Axis
Valued Contributor
the meaning of when a business is close to the market refers to when a business is closed to the consumers. that is the consumers can easily rich out to The Business when purchasing a particular goods or commodity or services. when a business is close to the market this can help the business in so many ways for example the cost of transportation in transporting the goods from where it is been manufactured to hear it can be marketed would be low. the business will not find it challenging to transport goods and even bad roads won't be a problem because the market is close to the business.
and when a business is close to the market this will increase the demand for the goods because consumers would easily reach out to such businesses for example if a business deals in producing of groceries and other provision goods and is now situated close to the market this will be an advantage to the consumer because they won't be going to Long distances to by these things you can easily go to the business premises and buy what you want and because of the the demand for such goals will increase and when it agrees it's also contribute in the money making of the business. and when the consumer notice is the increase in demand it will also promote the increase in supply does the demand and supply process will be equal or constant.
and when a business is close to the market this will increase the demand for the goods because consumers would easily reach out to such businesses for example if a business deals in producing of groceries and other provision goods and is now situated close to the market this will be an advantage to the consumer because they won't be going to Long distances to by these things you can easily go to the business premises and buy what you want and because of the the demand for such goals will increase and when it agrees it's also contribute in the money making of the business. and when the consumer notice is the increase in demand it will also promote the increase in supply does the demand and supply process will be equal or constant.