Task 3

Topics: Management, Economics, Economic system Pages: 2 (339 words) Published: February 11, 2013
Assignment Brief
Qualification | HND Business |
Unit number and title | Unit 1 Business Environment | Start Date | 15th November 2012 |
Deadline | 30th November 2012 |
Assessor name | Marc Gerard Gallagher |
Assignment Title | Understanding the nature of the national environment in which businesses operate. |

The purpose of this assignment is to ascertain the extent to which you have gained an understanding of the national business environment in which Irish businesses operate | Scenario: On the 13th of February 2012, the Taoiseach Enda Kenny, the Tánaiste E. Gilmore and the Minister for Jobs, Enterprise and Innovation Richard Bruton, launched the first annual Action Plan for Jobs.This undertaking is the Government’s systematic attempt following the collapse of the economic system to rebuild the economy and create jobs. The plan, which contains over 270 actions is to be implemented in 2012 by all 15 Government Departments as well as 36 State agencies; its essential aim is to improve supports for job-creating businesses and remove barriers to employment-creation across the economy. | Task 1: L.O. 2.1:- In relation to one element/section of the Action Plan for 2012 explain how the economic system attempts to allocate resources effectively. | Task 2: L.O. 2.2 Upon completion of Task 1 (above) assess the impact of fiscal (budgetary-taxation & government expenditure) and monetary policy on business organisations and their activities. | Task 3: L.O. 2.3 Upon completion of Task 2 evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organisation. | Sources of Information: On Moodle you will find two pdfs The Action Plan and the Action Plan annex. You will also find sources of information in the power point presentations available on moodle and in the press, on the web and at irl.gov.ie This assignment should contain no...
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