Business Stratyegy

Assignment:1

BRITS EDUCATION EXCELLENCE

Submited to: Sir Amir

Table of Contents

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Summary .........................................................................................................................04
Explain how economic system attempt to allocate and make effective use of resources:
Economic system…………………………………………………………………………...05
Resources in economy………………………………………………………………...........05
Types of economy system………………………………………………………………….09
Decision for Economic Activities………………………………………………………….10
Promotion of Efficiency in Economy………………………………………………….......10
Balance in Economy……………………………………………………………………….10

Evaluate the impact of macroeconomic policies measures of the influence of the global economy on UK basis organizations/stake holders:
Macroeconomic…………………………………………………………………………….11
Macroeconomic policies…………………………………………………………………....11
Influence of global economy on UK economy…………………………………………......12
How the global economy affects UK inflation……………………………………………..13

Explain the market structure and the perfect compitition:
Market structure……………………………………………………………………………13 perfect competition(the economics of competitive markets)………………………………16
Assumptions behind a Perfectly Competitive Market……………………………………..16

Use different examples to illustrate the relationship between market forces and organizational responses:
Market force………………………………………………………………………………. 17
Organizational responses…………………………………………………………………...17
Relation between market force and organizational responses……………………………...17

Explain the behavior and competitive strategies employed by an organization and discuss the role of the competition commission and Regulatory bodies:
Behavior strategies………………………………………………………………………….18
Competitive strategies………………………………………………………………………18
Regulatory Bodies…………………………………………………………………………..20
Role of