Sunday, January 11, 2009

Consumer and Downturn in The economy

During every downturn of the economy consumer experience pressure from all the sides of the spectrum. We are experiencing pressure from weakening dollar, higher national debt, rising unemployment and scams.

This site will not help you to fight of weakening dollar, import/export dis-balance or national debt issues. This site will expose scams targeting consumers. Corporations in their thrust for higher profits in a short term will hurt consumers. Corporations concern themselves with only short term impact of their actions even though it is longer term impact that they should be worried about.

In a short term consumer may pay the price for a substandard goods or services but on a longer term consumer will never spend a dime at that establishment. Management of the corporation that are concerned with a short term gains are rewarded for short term rather then long term set of goals.

I would like to welcome everyone comments on this topic to understand the impact of the short term management on a consumer.

1 comment:

  1. One of the best slogans I have seen that impacts consumer beahviour is from Reebok "Road is free". Why do people want to spend on gyms?

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