Business and the Economic Environment
Unit 38
ASSIGNMENT No: 2
CRITERIA: P4, M2, D2
EVIDENCE REQUIRED: Individual Report
SUBMISSION DATE: 28th May 2015
Outcome 3: Understand fiscal and monetary policies and the effect on spending
Scenario:
Your Manager at Emirates Airlines is pleased with the earlier work you produced. She now wants you to submit an individual report for Emirates Airlines that covers:
P4
Explain how both fiscal and monetary policy decisions have affected a selected business
To achieve P4, you must examine the fiscal and monetary policies in relation to Emirates Airlines at any one time. This will involve analyzing the possible impact of changes in the tax regime, interest rate changes and so on.
To be able to achieve a Merit and Distinction Grade you need to include :
M2
Analyse the effects of fiscal and monetary policies for a selected business in terms of the market it operates in.
To achieve M2, you are required to analyse the effects of fiscal and monetary policy decisions have on Emirates Airlines. Example, the credit crunch saw a fall in interest rates to stimulate demand. These changes illustrate the impact of fiscal and monetary policy at both a national and local level.
D2
Suggest and justify elements of fiscal and monetary policies that would help achieve its objectives
To achieve D2, suggest and justify elements of fiscal and monetary policies that government could use that would help Emirates Airlines achieve its objectives.
Important - Work must be submitted on the submission date. No late submissions. Work must include a cover sheet, declaration sheet, bibliography and turnitin.