Unit 1 Exploring Business Activity Assignment 3 P5 In this essay I will be describing how three external factors are impacting upon the business activities and stakeholders of John Lewis and Oxfam. The first of the three external factors I have chosen is the credit crunch. The credit crunch is a decline in the availability of loans or a tightening of conditions required to take out a loan from banks. It also means that there are reductions on the interest rates set up by banks for saving
Premium Marketing Carbon dioxide Management
P5. Describe the influence of two contrasting economic environments on business activities within a selected organisation. There are two very important economic environments that effect Tesco‚ economic growth and the recession. An economic growth will be good for Tesco as business will be booming‚ more goods are being produced and profits are increasing. When this happens Tesco becomes a very high profit business and invest in new products or stores which can lead to Tesco being more profitable
Premium Economics Inflation Economy
UNIT 1 The business Environment P5 Know the impact of the economic environment on business. Draft/version: 2 Tutor: M. Popescu Student: Luca Polak Class: IBS 1B Date: 18 January 2013 INDEX * Introduction page(s): 3 * Economic: page(s): 4 t/m 11 - Importance of stability; - Impact on business of changes in the economic environment; - Levels of inflation; - Availability and cost of credit; - Labour; - Changes in government policy. * Demand:
Premium Supply and demand
P4 Describe‚ with examples‚ the impact of government policies on different public services P5 Identify how society is affected by government policies In the UK‚ policies are in place in order to protect us and help enforce diversity and equality. Sometimes they are not always positively impacted on our society and public services; they can be negative as well. In this assignment‚ I will cover both the impacts of government policies on the public services and how society is affected. Human Rights
Premium Human rights Government Law
Assignment front sheet Qualification Unit number and title BTEC Business Level 3 Diploma/Subsidiary Diploma Unit 1 The Business Environment Learner name Assessor name Sadia Khanom Mr Faruk. Date issued Hand in deadline Submitted on 10/11/14 18/11/14. Assignment title The Economic Environment Scenario Your earlier newspaper article has been well received and the editor has asked you to write a follow up article regarding the impact of different economic environments for a business considering expanding
Premium Inflation Economics Money
Business cycle Boom: - during the boom stage of the business cycle the economy is performing its best. Demand‚ production and sales figures are high. To meet the high levels of demand and production the business has to create new jobs; by doing this the percentage of the nation has money to spend on goods and services. However as businesses produce greater profits higher wages can be paid to employees growing their disposable income. People& businesses in the economy are allowed to spend money as
Premium Inflation Gross domestic product Economic growth
P5 - How society is affected by social responses to UK Government policies on the Public Services Name of Response Description of response An example this response to policy and the Public Service involvement Sit-ins A form of protest which people will occupy a place and then refusing to leave until their demands are met. An example of this would be the sit-ins that took place in the universities in 2012 about tuition fees rising. The students took camp in buildings inside the university
Premium Protest Civil disobedience
How businesses are influence by the economic environment The business environment consists of different influences that are outside of a business from political‚ social and legal changes. These influences can change for the better or for the worst for the business economic factors. The economic environment consist of many individuals who make decisions that buy and sell goods‚ borrow and lend money‚ raises taxes and change interest rates. Consumers are who purchases the goods for their own
Premium Economics Inflation Money
Unit 19 P5 Team name: Team four (Sean‚ Danny‚ Charlotte‚ Dillon.) Team Leader: Sean Market research/ how we decided on product prices and promotion Product At the start of the project we all had a meeting together to discuss what would be the most suitable and the most popular products to sell within the college. We wrote down all the possibilities such as fizzy drinks‚ raffle tickets‚ cakes etc. In the end we decided we wanted to do something with sweets‚ as there are many vending machines in
Premium Sales Marketing Price
Unit 1: Business Purposes P5 Criteria “Explain the characteristics of the local business environment.” Define a local government. Identify the departments within a local government and explain its general purpose. (Why is it beneficial for local residents to have specialist departments within the local government?) Name your local government‚ mention the: Number of ethnic minorities. What is the impact of this on the local area? (Mention more incentive for businesses to start up in
Premium Unemployment Economics Local government