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Btec Business Level 3 Unit 4 P1

Decent Essays


This screenshot is about how Aldi is opening more shops combined with Tesco, Sainsbury’s and Morrison. Aldi’s expansion plan is equal to roughly 60 to 80 new shops. It wants to double the size in the UK to 1,000 shops by 2022. Moreover, this will affect supermarkets such as Sainsbury’s, Morrison 's and Tesco because they will make less profit, which is a downfall. This means that Tesco, Sainsbury 's and Morrison 's will decrease the prices of the products to enable they appeal to the customers.


This screenshot shows the UK economic growth is slowly increasing. Small Businesses might have to shut down. Moreover, there are other businesses whom may have to put the prices of the products cheaper.


This screenshot shows the house prices are increasing with a rise of 6%. On average according to Surveyors Forecast in 2016. This means that if customers buy houses, they will not afford to go on holiday or to restaurants. However, there are some customers who might be able to due to wage increase. They may feel wealthier and spend more and confidence is high, and it is generally good for everybody.


This screenshot shows that the amount of jobs available outpaces than the 2001 recession. However, it is still slow. This means those without jobs will not cut down on their budget in supermarkets, restaurant and holidays. This means they would go for the cheaper option. However, there will also be a minority whom have a job with high salary wiling to spend.


This screenshot

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