News Snapshot:
With globally connected supply chains and consumer markets, a single global economic, political, or environmental event can cause a ripple effect throughout the markets. This immediately affects consumer behavior and the trends in buying along with the preference for specific products or items. Thus with globalization and its notion of free-flow of goods and services across borders, the profits have increased manifold with the connected supply chains, however, the loss ratio also rises due to the same reason. Let’s explore how global events impact consumer trends and behaviors on a broader level… Global Economic Events Economies are highly connected and...
