Name : RIZKI RAHMA DANI

NAC : 049157379

Lease choose one of the topics below. Then, write an essay consisting of 3 paragraphs. Elaborate
your own opinion with references related to the topic that you choose.

1. You have a property business. Sometimes you need to loan a big amount of money to run
your business. What kind of bank is suitable for your business? Please explain your reason!

Answer:

Buying a property for your business is a significant commitment, and you might not have the money
to fund it yourself. That’s where commercial property finance comes in. Purchasing a commercial
property could help to expand your business. It could also be a good investment that will generate a
profit in the future. Buying a property is a big step, though, requiring funding you might not
have.Using commercial property finance solutions, you may be able to access the money you need.
As always, when working out what financial product is right for you and your business, it’s a good
idea to seek independent, specialist financial advice.

For property businesses that require large capital loans, the most suitable type of bank is
a commercial bank.

Choosing a bank that has the right services for your rental property business needs involves careful
consideration. After all, you do not want to entrust your money to a bank . However, some banks
have their own downfalls in the form of fees, special policies, and poor customer service. All of these
factors can also have a profound effect on your success as a property owner. Therefore, follow along
with us below as we discuss the specific services and policies to compare when deciding on the best
bank for your rental investment business.

Before making your final decision on which bank to choose, visit the bank and meet the people, you
will be conducting business regularly.

In the end, the bank you choose for your property business needs will be determined by which
specific services you require. These services help your business operate in an efficient and financially
sound way. So, comparing the different options in your area is a surefire way of making the best
decision for your rental property business needs. Understanding commercial property finance

2. Demand is an economic concept that relates to a consumer's desire to purchase goods and
services and willingness to pay a specific price for them. What will happen to
the demand If suppliers charge too much for a product?

Answer:

Demand and supply is one of unity cant be separate. Each other has strength to influence and
determine to purchasing.

If suppliers charge too much for a product, the quantity demanded drops and suppliers may not
sell enough product to earn sufficient profits. If suppliers charge too little, the quantity demanded
increases but lower prices may not cover suppliers' costs or allow for profits.
How Does the Law of Supply and Demand Affect Prices? The law of supply and demand is an
economic theory that explains how supply and demand are related to each other and how that
relationship affects the price of goods and services. It's a fundamental economic principle that
explains when supply exceeds demand for a good or service, prices fall. When demand exceeds
supply, prices tend to rise.

Understanding the Law of Supply and Demand.There is an inverse relationship between the supply
and prices of goods and services when demand is unchanged. If there is an increase in the supply of
goods and services while demand remains the same, prices tend to fall to a lower equilibrium price
and a higher equilibrium quantity of goods and services.

If there is a decrease in the supply of goods and services while demand remains the same, prices
tend to rise to a higher equilibrium price and a lower quantity of goods and services.

Price Elasticity Increased prices typically result in lower demand, and demand increases generally
lead to increased supply; however, the supply of different products responds to demand
differently, with some products' demand being less sensitive to prices than others.

Exceptions to the Rule While the laws of supply and demand act as a general guide to free markets,
they are not the sole factors that affect pricing and availability.

3. Demographic analysis is the study of a population based on factors such as age, race, and
sex. Please explain your opinion on how important demographic analysis is for business
growth.

Answer:

Consumer preferences and behaviors are constantly evolving, influenced by factors such as
technology, social media, environmental awareness, and health concerns. By age, race and sex.
Because the demograhic change the preferences can be shifting because we have different trend.
And not all the things could be adjust. By knowing the preferences we know the behaviour and what
product will be search by each group. We born in different era, we have different mindset about life
how we struggle about life. how the new generation grow easier and everything got so fast and
instant.

Understand your customers is the first step to adapting to changing consumer preferences and
behaviors is to understand who your customers are, what they want, and how they behave. You can
use various methods to collect and analyze customer data, such as surveys, interviews, focus groups,
online reviews, social media listening, and analytics tools. By understanding your customers, you can
segment them into different groups based on their demographics, psychographics, preferences, and
behaviors, and tailor your products and services accordingly. Based on a big data you have, you could
innovate and generate the new idea such as brainstorming, prototyping, feedback loops, and
experimentation. By innovating your products and services, you can offer unique value propositions,
differentiate yourself from your competitors, and create loyal customers. Who will always come back
buy your products and not doubt to spend their money into your products. By embracing digital
transformation, you can reach and engage more customers, offer convenience and personalization,
and optimize your costs and efficiency. By building a strong brand identity, you can establish trust
and credibility, connect emotionally with your customers, and create a positive reputation.
By monitoring and measuring your performance, you can identify your strengths and weaknesses,
learn from your successes and failures, and improve your strategies and actions.
By being agile and flexible, you can adapt quickly and effectively to changing customer needs and
expectations, and stay ahead of the competition.

How is consumer behavior changing and how can business leaders get their arms around a world of
constant change? The trend going easily, so fast so we could be left behind. And as a business leaders
must take a data-driven approach to understand how to react to changing consumer behavior
patterns. In the last few years, we’ve seen an accelerated adoption of human movement data which
enables businesses to better understand their customers and their competitors. It’s become table
stakes for understanding consumers. With data that is able to connect the digital and physical world,
business leaders can strategize in the face of adversity, and make sure they don’t fall behind.

Knowing your consumer as better as you know about your business will make growth of your sales.
Those business leaders who use a data intelligence platform will be best positioned against their
competitors and maximize business results for the best. Put simply, data drives better strategic
business decisions.

So many impact by knowing the demographic and many things can do to improve your business.