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Impact of Businesses

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lianghanjie888
Mind Map by lianghanjie888, updated more than 1 year ago
lianghanjie888
Created by lianghanjie888 over 6 years ago
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Resource summary

Impact of Businesses
  1. Financial
    1. Influences economy, stock market, etc.
      1. Investment banking firms
        1. Banks
          1. Influences value of currency
            1. Influences buying power of the average citizen
            2. Stability of economy
            3. Provides higher income jobs for the locals
              1. Better standard of living
                1. Ability to invest in a greener lifestyle
              2. Manages economy
              3. Commercial/Retail
                1. Fast food chains
                  1. Provides local jobs
                    1. Lower/Middle income jobs
                      1. Part time jobs
                        1. Job experience
                          1. Better chance of being hired
                        2. Clothing stores
                        3. Provides products for local consumption and neighbourhood
                          1. Encourages suburban development
                            1. Closer to homes
                              1. Less pollution due to proximity
                                1. Promotes green spaces and parks
                                  1. Schools
                                  2. Raises economic value of homes
                                    1. Outlet for products to be sold
                                      1. Influences supply/demand and economy
                                    2. Industrial
                                      1. Manufactures goods and products to sell
                                        1. Clothing
                                          1. Accesories
                                          2. Provides jobs for local residents
                                            1. Factories
                                              1. Pollution
                                              2. Sweatshops
                                                1. Managerial positions
                                                2. Lowers value of homes near industrial factories
                                                  1. Invites criminals into neighborhood
                                                  2. Construction
                                                    1. Heavier industrialization of green spaces
                                                      1. Neighborhood considered less affluent
                                                      2. Services
                                                        1. Provides services to local communities
                                                          1. Banks
                                                            1. Hair salons
                                                              1. Police officers, firemen
                                                                1. Increased safety
                                                                  1. Property value increased
                                                                    1. More people inhabit the area
                                                                  2. Encourages suburban development
                                                                    1. Increased property value
                                                                    2. Local jobs
                                                                      1. More security needed
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