Describe The Influence Of Two Contrasting Economic Environments On Business Activities
Unit 1 - Assignment 3
Outcomes
Task 1 & 2
Pass - Describe the influence of two contrasting economic environments on business activities within a selected organisation
Task 3
Merit - Analyse the impact of changes in demand and supply on a selected business
Distinction - Evaluate to what extent a selected business is likely to be affected by changes in the economic environment
The managing director of Spangles Ltd was looking at some UK economic forecasts which had been given to him. His company organises luxury holidays in Europe, the USA and Asia. In recent years the company has struggled in the face of an adverse economic environment. However, the managing director believes that a dramatic improvement in the economic environment
Outcomes
Task 1 & 2
Pass - Describe the influence of two contrasting economic environments on business activities within a selected organisation
Task 3
Merit - Analyse the impact of changes in demand and supply on a selected business
Distinction - Evaluate to what extent a selected business is likely to be affected by changes in the economic environment
The managing director of Spangles Ltd was looking at some UK economic forecasts which had been given to him. His company organises luxury holidays in Europe, the USA and Asia. In recent years the company has struggled in the face of an adverse economic environment. However, the managing director believes that a dramatic improvement in the economic environment