The Economic Environment P1, P2 M1, D1 Unit 38 Bussiness Studies
Unit 38: Business & the Economic Environment
Task 1 – P1, P2, M1 & D1
Introduction
In this assignment I am going to explain the effects of changes in the economic environment for Nissan UK. I am then going to analyse the impact that government policies have on Nissan UK. I am then going to evaluate the impact of changes in the economic environment to Nissan UK.
The effect of changes in the economic environment has an effect on Nissan UK. This has been shown in the way the economy has been changing recently. The changes in the economic environment are going to show its effects on Nissan UK. This is going to be shown in the number of sales they are making. The economic review for December 2011 shows how the manufacturing output fell in October 2011. It also rise in unemployment in October, November and December. This must have affected the number of sales businesses like Nissan UK are making because they are not going to have as many customers to buy their products.
In 2011, the manufacturing output fell and this caused construction and labour weak; this then resulted in an increase in unemployment. This economic change had an effect on the economic environment by showing there wasn’t as many employees in working areas such as construction and labour. This must have had an impact on the number of products being manufactured in Nissan UK. This must have then impacted on the company by not allowing them to make as many sales as their company would expect to make. This shows that the economy review shows that the economy is at a recession. The economy review for December 2011 shows how manufacturing fell and this has left less people working in labour and so they are unemployed, this means that consumers are going to try to spend less. This economic change can have an impact on Nissan UK because it would mean that customers are not willing to spend a lot on things like vehicles and so they would have to drop prices or slow the number of products being
Task 1 – P1, P2, M1 & D1
Introduction
In this assignment I am going to explain the effects of changes in the economic environment for Nissan UK. I am then going to analyse the impact that government policies have on Nissan UK. I am then going to evaluate the impact of changes in the economic environment to Nissan UK.
The effect of changes in the economic environment has an effect on Nissan UK. This has been shown in the way the economy has been changing recently. The changes in the economic environment are going to show its effects on Nissan UK. This is going to be shown in the number of sales they are making. The economic review for December 2011 shows how the manufacturing output fell in October 2011. It also rise in unemployment in October, November and December. This must have affected the number of sales businesses like Nissan UK are making because they are not going to have as many customers to buy their products.
In 2011, the manufacturing output fell and this caused construction and labour weak; this then resulted in an increase in unemployment. This economic change had an effect on the economic environment by showing there wasn’t as many employees in working areas such as construction and labour. This must have had an impact on the number of products being manufactured in Nissan UK. This must have then impacted on the company by not allowing them to make as many sales as their company would expect to make. This shows that the economy review shows that the economy is at a recession. The economy review for December 2011 shows how manufacturing fell and this has left less people working in labour and so they are unemployed, this means that consumers are going to try to spend less. This economic change can have an impact on Nissan UK because it would mean that customers are not willing to spend a lot on things like vehicles and so they would have to drop prices or slow the number of products being