Unit 38 Business and the Economic EnvironmentLearner name Assessor nameSameeha Hussain/Antonio ZarroDate unit issuedUnit DeadlineDate unit submitted by student27/01/1419/04/14 Criteria referenceTo achieve the criteria the evidence must show that the learner is able toAsst Task no. Assessor initial date when metPASS CRITERIAP1 Explain the effects of changes in the economic environment on a selected business P2 Identify how government policies impact on a selected business P3 Identify the impact
Assignment 2: Monetary and Fiscal Policies P3: Outline how both fiscal and monetary policy decisions have affected a selected business. M2: Analyse the effects of fiscal and monetary policies for a selected business in terms of the market in which it operates Tesco like every business will be affected by Monetary and Fiscal policies, whether this be directly or indirectly. Tesco PLC will be affected more indirectly by these policies and in this report I will explain how. Fiscal Policy involves the
Business Environment TABLE OF CONTENTS 1.1 Identify the purposes of different types of organisation pg.3,4 1.2 Describe the extent to which an organisation meet the objective different stakeholders pg.5 1.3 Explain the responsibilities of organisation and strategies employed to meet them pg.6,7 2.1 Explain how economic systems attempt to allocate resources effectively pg.7, 8 2.2 Assess the impact of fiscal and monetary policy on business organisations and their
a living organism, including natural forces and other living things, which provide conditions for development and growth as well as of danger and damage.(Business dictionary,2014) This means that every business always meets dangers and damage in a different environment, especially, in an unstable environment. For example, Malaysian Airlines have endured financial problems by an aircraft crash, which result in Malaysian Airplane losing 10 million dollars for paying compensation to victim families
Understanding the Business Environment Part A (100w) Company Name: Coca Cola Description: The Coca-Cola Company is the world 's largest beverage company and is the leading producer and marketer of soft drinks. Today, Coca-Cola is consumed throughout the world at the rate of more than 600 million times per day and this figure is continuing to rise. However, Coca-Cola is not the sort of company to live on its past glories; instead it looks to the future as a challenge and constantly seeks new
SUMMARY There are many differences between business organisations, beginning with the purpose and goals of an organisation. Business organisations belong to various different categories including the private, public and non-profit sectors. This assignment will discuss a business organisation from each of those sectors, outlining the purpose, objectives, and stakeholders of each. It will also discuss the different ways that global factors and market structures can impact each of those companies
INTRODUCTION Global business environment can be defined as the environment in different countries making on resource use and capabilities which including: the social, politic, regulatory tax, cultural, legal and technological environment.(The international business environment, Leslie Hamilton/Philip Webster, second edition/2012) Business principles are capital and inflation. In the present Bank of England cut over the capital and most of the Bank is needs external help because
Hyperinflation is not a new phenomenon. In the past century many countries have experienced this phenomenon due to various reasons. Scholars explain that when hyperinflation occurs in a nation, the value of the country?s currency highly depreciates in value to a point that it totally loses its value. This paper seeks to explain the critical role governments have in controlling hyperinflation from occurring. To illustrate this, three countries have been used, namely: Germany, Yugoslavia and Zimbabwe. This paper
BBA-HNC Business Environment Zeus Pestonji Business Environment Draft: 2 Name: Zeus Pestonji Batch: HNC A business organization is an individual or group of people that collaborate to achieve certain commercial goals. Some business organizations are formed to earn income for owners. Other business organizations, called non-profits, are formed for public purposes. These businesses often raise money and utilize other resources to provide or support public programs. Types of Economic organisations
analytic tool and explain how the budget can be used to evaluate organizational performance, eliminate inefficiencies in an organization's performance, and explain the budget's role in the business control cycle. I will further analyze control mechanisms that can be put in place to monitor and evaluate the budget, and describe how budget can be used in the performance accountability and reward process. Finally, I will identify a major business initiative in my