Business Studies, asked by jananik7092, 1 year ago

Effects of festivals on bussiness

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Answered by ashnashameer
0
well, the festivals has a great effects on business.they may be advantages not may not be.
for eg:a person doing a business of selling clothes he will be profited at every time of festivals as people make it a habit to get new clothes during festivals .  
whereas during the time of non festivals he may get only less no. of customers .
 Festival is the time when people shop a lot prompting the retail stores to provide heavy discounts to the buyers. During Christmas, Diwali or Eid people tend to purchase gifts not only for each other but also to decorate their homes. As a matter of fact, the sales of vehicles and electronic items also increase during the festive period. Businesses have a gala time during the festival and they especially wait for the occasions to make a sound profit. 

ashnashameer: this is from my own view point
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