$20 Bonus + 25% OFF
$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
Add File

Error goes here

LL12 Economics And Politics

tag 0 Download3 Pages / 666 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT

Question:

Describe the influence of two contrasting economic environments on business activities within a selected organisation.
Task 1:
The impact of the economic environment on businesses
You have been given the following brief by your line manager:
You need to select two different economic environments to focus on ; you will then need to give a description of what each economic environment is. You will then need to move onto researching how each economic environment has affected the way your selected business operates and include a description of this in your report, with relevant facts to support your work.
Within your description of the impact the different economic environments have on your selected business you should make reference to:
The ripple effect; levels of inflation; rates of interest linking this to the availability and cost of credit; changes in government policy (legal, fiscal, monetary)
For each economic environment and the points above you should describe the business activities your chosen business undertakes in each environment to: take advantage of the positives to increase profit/surplus or minimise the impact of negatives and protect profit/surplus.
Business activities could include the actions of the following functional areas:
H/R, marketing, finance, IT, production, product development, sales, customer service.
You will then need to compare the challenges each economic environment brings to your business by highlighting similarities and differences between the two. Include your findings in your report with facts to support your work. This can be completed in a table.
Evidence you must produce for this task
A word document with relevant facts and a bibliography of sources of information and images used.
Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

Upload
Unique Document

Document
Under Evaluation

Get Money
into Your Wallet

Total 3 pages, 1 USD Per Page

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2021). Economics And Politics. Retrieved from https://myassignmenthelp.com/free-samples/ll12-economics-and-politics/economic-recession.html.

My Assignment Help (2021) Economics And Politics [Online]. Available from: https://myassignmenthelp.com/free-samples/ll12-economics-and-politics/economic-recession.html
[Accessed 24 September 2021].

My Assignment Help. 'Economics And Politics' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/ll12-economics-and-politics/economic-recession.html> accessed 24 September 2021.

My Assignment Help. Economics And Politics [Internet]. My Assignment Help. 2021 [cited 24 September 2021]. Available from: https://myassignmenthelp.com/free-samples/ll12-economics-and-politics/economic-recession.html.


MyAssignmenthelp.com is an Australia-based assignment help services that aims to fulfill students' requests 'can someone do my assignment online'. We have hired best-qualified and experienced assignment helper to assist students in crafting premier quality academic papers. Students are guaranteed to receive high-quality assignment writing assistance at an affordable price. This is why, we are considered as the best assignment solver.

Latest Economics Samples

BUS702 Economics For Manager

Download : 0 | Pages : 4

Answers: 1. In view of growing cost of health services, it is recommended for Australian government to adapt a combine strategy of tax and subsidy on food and beverages (theconversation.com 2017). The imposition of tax increases the effective price paid by the consumer while subsidy reduces the effective price that consumers pay. Many countries have already imposed tax on unhealthy foods and sugary drinks. The extent of the policy impact depe...

Read More arrow

PUBH7555 Topics In Health Economics

Download : 0 | Pages : 9

Answers: Part 1: Physician Payment How does the mix of services provided by primary care physicians affect their reimbursement relative to specialists? Solution: The mix of services provided by primary care physicians has a significant effect on their reimbursement. The main reason behind it is that the method adopted by the organization for reimbursement to physicians is fee-for-service. In this system, the payment is made as per the numbe...

Read More arrow

FELM4026 Financial And Economic Literacy For Managers

Download : 0 | Pages : 11

Answers: Question 1 a)How globalization affects consumers and firms Globalization has both positive and negative effects on both consumers and firms. Globalization allows entry of many firms through elimination of trade barriers. Consequently, the consumers have more choices or variety(Accounting, 2017) . Because of competition consumers are able to get quality products at reasonable prices.  The draw backs of globalization to cons...

Read More arrow

ECO5000 Economics For Managers

Download : 0 | Pages : 5

Answers: Q1 The rational actor paradigm is a framework that looks at each economic agent as ‘rational’. (Renn, Jaeger, Rosa, & Webler) This rationality is expressed through self interest- each agent works for self interest. The goal is to maximise this self interest, which can be in terms of sales, profits or utility. Every decision is taken by rationalising the options available, in terms of costs and benefits with ...

Read More arrow Tags: Australia Huntingwood Economics Rational Actor Paradigm University of Queensland MBA 

BUECO5903 Business Economics

Download : 0 | Pages : 3

Answer: The increase in income may lead to an increase in the consumption of pizzas which leads to an increase in the demand curve, the equilibrium price increases as well as the equilibrium quantity. in pizza prices leads to an increase in the quantity demanded for pizza that shifts the demand curve outwards. This leads to an increase in the equilibrium price as well as the equilibrium quantity.  Hamburgers are substitutes to Pizzas, in...

Read More arrow Tags: Australia Merrylands Management International Law of the Sea University of New South Wales 
Next

5% Cashback

On APP - grab it while it lasts!

Download app now

*Offer eligible for first 3 orders ordered through app!

ribbon
callback request mobile
Have any Query?