Preview

Business Environment 2

Satisfactory Essays
Open Document
Open Document
415 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Business Environment 2
ESSAY WRITING * 1 paragraph 1 main point (minimum 3 to 5 points) * Supported with elaboration * Relevant examples * Numerical data * Relevant diagram

Section A (answer only 2 questions, 30 marks each) * Balance of payment (descriptive) * Capital account * Current account * Trade account * How to improve the balance of payment deficit (import > export) * Increase export * Decrease export * Depreciation (making currency cheaper) * Devaluation (making currency cheaper) * Interest rate * Foreign Direct Investment * Tariff * Quota * What are effects of higher exports? (exam tips)

* Globalization (descriptive) * Advantages and disadvantages * World Bank * Functions of the IMP * WTO

* Aggregate supply and aggregate demand (diagram)

* Foreign exchange rate (descriptive and diagram) * Factors contributing to demand – increase (foreign exchange rate – increase) * Inflation rate – decrease * Unemployment rate – decrease * Export – increase * Interest rate/savings rate – increase * Political stability - increase * Currency * Depreciation * Appreciation * Devaluation

* Protectionism (descriptive) * How to implement protection policies? * Why countries practice protectionism? (exam tips)

* International trade (descriptive) * Benefits of trade * Disadvantages of trade * Reason of international trade (exam tips)

Section B (answer only 1 question, 40 marks each) * Unemployment (descriptive) * What is unemployment? * Unemployment occurs when a person who is actively searching for employment is unable to find work. Unemployment is often used as a measure of the health of the economy. The most frequently cited measure of unemployment is the unemployment rate. This is the number of unemployed persons divided by the number of people in the labor force. * Type of unemployment *
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Powerful Essays

    Financial and Economic Forecasting
    • 3798 Words
    • 16 Pages

    Financial and Economic Forecasting

    In the economy today, the unemployment rate is one of the most viewed at statistics in judging the state of the economy. We all figure that having more people with jobs will result in a stable and successful economy. The unemployment rate is defined as the percentage of the total labor force that is unemployed but actively seeking employment and willing to work.…

    • 3798 Words
    • 16 Pages
    Powerful Essays
    Read More
  • Good Essays

    Political Risk Analysis - Portugal
    • 6506 Words
    • 27 Pages

    Political Risk Analysis - Portugal

    Portugal is a country located in southwestern Europe on the Iberian Peninsula and it has about 10.5 million inhabitants. Its capital is Lisbon with an estimated 550,000 inhabitants making it also Portugal’s largest city.…

    • 6506 Words
    • 27 Pages
    Good Essays
    Read More
  • Powerful Essays

    Business Environment
    • 3741 Words
    • 15 Pages

    Business Environment

    gratitude to my course instructor, for his supervision on this report. He has given a lot of…

    • 3741 Words
    • 15 Pages
    Powerful Essays
    Read More
  • Good Essays

    Evaluate Alternative Measures Which Can Be Used to Reduce Unemployment.
    • 705 Words
    • 3 Pages

    Evaluate Alternative Measures Which Can Be Used to Reduce Unemployment.

    Unemployment refers to the numbers of people not working and can be measured by the claimant count and labour force survey. There are different types of unemployment and each of them requires different policies to overcome them.…

    • 705 Words
    • 3 Pages
    Good Essays
    Read More
  • Powerful Essays

    Business Environment
    • 5667 Words
    • 20 Pages

    Business Environment

    First and above all, I praise almighty Allah (subhana wa taala) for endowing me with health, patients and knowledge to complete the assignment successfully.…

    • 5667 Words
    • 20 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Understanding Macroeconomics
    • 495 Words
    • 2 Pages

    Understanding Macroeconomics

    The AS curve shows the total quantity of g&s firms produce and sell at any given price level.…

    • 495 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Impact on Unemployment on Standard of Living
    • 789 Words
    • 4 Pages

    Impact on Unemployment on Standard of Living

    Unemployment refers to the condition and extent of joblessness within an economy, and is measured in terms of the unemployment rate, which is the number of unemployed workers divided by the total civilian labor force.…

    • 789 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Real-wage Unemployment
    • 1270 Words
    • 6 Pages

    Real-wage Unemployment

    Unemployment (or joblessness) occurs when people are without jobs and they have actively sought work within the past four weeks. The unemployment rate is a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labor force.…

    • 1270 Words
    • 6 Pages
    Good Essays
    Read More
  • Better Essays

    Business Environment
    • 3680 Words
    • 12 Pages

    Business Environment

    TOC \o "1-3" \h \z \u A.INTRODUCTION PAGEREF _Toc362594886 \h 3B.CONTENT PAGEREF _Toc362594887 \h 4I.UNDERSTAND THE ORGANISATIONAL PURPOSE OF BUSINESSES PAGEREF _Toc362594888 \h 41.1 Identify the purpose of Camelot as an organisation PAGEREF _Toc362594889 \h 41.2 Describe the extent to which Camelot meets the objectives of different stakeholders. Draw from the case study and further independent research. PAGEREF _Toc362594890 \h 41.3 Explain the responsibilities of Camelot and strategies they employ to meet these requirements. PAGEREF _Toc362594891 \h 5II.UNDERSTAND THE NATURE OF THE NATIONAL ENVIORNMENT IN BUSINESS OPERATE PAGEREF _Toc362594892 \h 62.1 Explain how economic systems attempt to allocate resources effectively PAGEREF _Toc362594893 \h 62.2. Assess the impact of fiscal and monetary policy as it relates to Camelot and their activities PAGEREF _Toc362594894 \h 72.3. Evaluate the impact of competition policy and other regulatory mechanisms in UK on the activities of Camelot PAGEREF _Toc362594895 \h 7III.UNDERSTAND THE BEHAVIOR OF ORGANISATIONS IN THEIR MARKET ENVIORNMENT PAGEREF _Toc362594896 \h 93.1. Explain in context of Camelot how market structures determine the pricing and output decisions. PAGEREF _Toc362594897 \h 93.2. Illustrate the way in which market forces shape organisational responses using a range of examples from the case study and independent research. PAGEREF _Toc362594898 \h 93.3. Judge how the business and cultural environments shape the behaviour of Camelot PAGEREF _Toc362594899 \h 10IV.BE ABLE TO ASSESS THE SIGNIFICANCE OF THE GLOBAL FACTORS THAT SHAPE NATIONAL BUSINESS ACTIVITIES PAGEREF _Toc362594900 \h 124.1. Discuss the significance of international trade to UK business organisation PAGEREF _Toc362594901 \h 124.2 Analyze the impact of global factors on UK business organisations…

    • 3680 Words
    • 12 Pages
    Better Essays
    Read More
  • Powerful Essays

    Derivative
    • 1907 Words
    • 8 Pages

    Derivative

    The derivatives market is the financial market for derivatives, financial instruments like futures contracts or options, which are derived from other forms of assets. The market can be divided into two, that for exchange-traded derivatives and that for over-the-counter derivatives. The legal nature of these products is very different as well as the way they are traded, though many market participants are active in both.…

    • 1907 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Best Essays

    BUSINESS ENVIRONMENT
    • 2207 Words
    • 7 Pages

    BUSINESS ENVIRONMENT

    Coca-Cola was founded in 1886 and is a leading manufacturer, marketer, and distributor of non-alcoholic beverages. Its headquarters are in Atlanta, USA, and the company has local operations in over 200 countries. Revenues in 2004 totalled US$22 billion.…

    • 2207 Words
    • 7 Pages
    Best Essays
    Read More
  • Powerful Essays

    business environment
    • 7890 Words
    • 32 Pages

    business environment

    We forward a great thanks to our faculty of economics Ms PREETI MISHRA for assigning us this project to us. It has helped us greatly in broadening our mind & knowledge in the subject. We also thank our library staff for providing with the required data. We look forward for the same support in the future from all of them.…

    • 7890 Words
    • 32 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Unemployment as Measure of Welfare
    • 469 Words
    • 2 Pages

    Unemployment as Measure of Welfare

    Unemployment, as defined in books, is a situation wherein a person is jobless but is actively looking for work. To get the unemployment rate, we divide the total number of unemployed to the total labor force. Unemployment rate is sometimes used to determine the economic growth of a country.…

    • 469 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Business Environment
    • 2176 Words
    • 9 Pages

    Business Environment

    Learning Outcomes:On successful completion of this unit a learner will:1. Understand the organizational purposes of businesses2. Understand the nature of the national environment in which businesses operate3. Understand the behaviour of organizations in their market environment4. Be able to assess the significance of the global factors that shape national business activities.Comments:…

    • 2176 Words
    • 9 Pages
    Powerful Essays
    Read More
  • Good Essays

    Business Environment
    • 794 Words
    • 4 Pages

    Business Environment

    In today’s global and competitive business environment, business organizations are striving to stand out from their competitors and attract targeted audience by providing consistent and reliable customer service. However, if a business organization is to implement effective customer service programs, they must have their employees acquire a set of skills that collectively encompass the business social/interpersonal area. Although business social/interpersonal skills cover many dimensions of business, some common business mistakes take place every day. Among the most frequent are unacceptable handshakes, inappropriate manners at business meals, improper introductions, and unsuitable lunch behavior as well as some general office errors. In 1992, Kelley recommended that business students be taught the art of social/interpersonal skills as part of the business curriculum. Marketing students, more than any other major, need to acquire these skills as their careers most directly involve their customers (Kelley, 1992). Moreover, Humphreys (1996) indicates that an employee's interpersonal skills positively impacts customer satisfaction. Managers in service-oriented environments, when selecting employees, often look for applicants with strong interpersonal skills (Oliva & Lancioni, 1996).…

    • 794 Words
    • 4 Pages
    Good Essays
    Read More

Related Topics