m2 business envirmonet
M2 Comparing challenges to selected business activities within a selected organisation in two different economic environments.
It’s very common in large business to expand abroad; however there are a lot of factors that have to be considered before planning to start business in another country depending on which policies they have or what their background is as well as their stability or whether your product or business will sell over there. In this assignment I’m going to compare the challenges to business activities in two different environments, my two chosen environments are the UK and the Republic of China.
I have chosen China and the UK as my two contrasting countries and my chosen business is KFC which is large global fast food chain, china is the most populated country in the world and is also has the largest economy. The Republic of China is an Asian country which is situated in east of Asia and it comes within the 3rd largest country in the world as well as the second largest economy in the works it also has a population of 1.35 billion people. The capital city of China is Beijing however the most populated city and a global financial center is Shanghai. My chosen business is KFC (Kentucky fried chicken it’s an American based business which is centered all over the world and it’s now moving to China, I will look into the problems they may face in China .
The two economic environments that I am going to be describing are recession and growth on the business activities of KFC. Growth occurs when more goods are being produced and bought. During growth people tend spend more money on goods and services because they have more money to spend on products and services and also businesses will invest more and hire more staff as because there is an increase in demand for them. Recession however occurs when people running the business become more cautious with their spending so they cut their spending and orders as well laying of some of their more
It’s very common in large business to expand abroad; however there are a lot of factors that have to be considered before planning to start business in another country depending on which policies they have or what their background is as well as their stability or whether your product or business will sell over there. In this assignment I’m going to compare the challenges to business activities in two different environments, my two chosen environments are the UK and the Republic of China.
I have chosen China and the UK as my two contrasting countries and my chosen business is KFC which is large global fast food chain, china is the most populated country in the world and is also has the largest economy. The Republic of China is an Asian country which is situated in east of Asia and it comes within the 3rd largest country in the world as well as the second largest economy in the works it also has a population of 1.35 billion people. The capital city of China is Beijing however the most populated city and a global financial center is Shanghai. My chosen business is KFC (Kentucky fried chicken it’s an American based business which is centered all over the world and it’s now moving to China, I will look into the problems they may face in China .
The two economic environments that I am going to be describing are recession and growth on the business activities of KFC. Growth occurs when more goods are being produced and bought. During growth people tend spend more money on goods and services because they have more money to spend on products and services and also businesses will invest more and hire more staff as because there is an increase in demand for them. Recession however occurs when people running the business become more cautious with their spending so they cut their spending and orders as well laying of some of their more