2008MBA035 ECONOMIC ENVIROMENT OF BUSINESS 1 TERM PAPER QUESTION Notwithstanding the public policy response to the economic recession‚ business performance will continue to deteriorate. Global Overview Recession can be defined as the reduction of a country’s gross domestic product (GDP) for at least two quarters. According to Wikipedia‚ it is a period of reduced economic activity‚ hence‚ a business cycle contraction. Recession has many attributes that can occur simultaneously
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P5 - Describe the influence of two contrasting economic environments on business activities within a selected organisation We are going to investigate the way in which the economic climate has affected Sub Xpress (based in the UK) and BMW (based in Germany). Introduce the two businesses. Inflation Define inflation You need to describe the current inflation rate in the UK. Include a graph. Explain what this means to Sub Xpress Think costs to the business Think prices to the customers
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P1 – Describe the type of business‚ purpose and ownership of two contrasting business Help for heroes is a charitable company that was founded by Byrn and Emma Parry in 2007‚ they started Help for Heroes. They raise money for the servicemen returning from war‚ in Afghanistan and Iraq. Help for heroes have 5 different campaigns that have been done ‚ these are; swimming pool complex at Headley court‚ Relative’s houses at Headly Court and Selly Oak hospital‚ battle back‚ troop aid‚ combat stress and
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Disease who were dying prematurely. They have been going for 53 years and have been helping people since then. They have been taking part in all events but the main one which is coming up in September is the Oxford to Cambridge Bike Ride. 1.2 Type of Business The British Heart Foundation is a charity‚ so is in the tertiary industry and they aren’t looking to make any profits as they are raising money for a cause in order to prevent heart diseases. The British Heart Foundation is therefore a not for profit
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Nike was founded a little later than Tesco in 1962 by Bill Bowerman and Phil Knight. For this assignment I am required to produce a detailed report on two contrasting medium/large sized organisations. My two chosen organisations are Nike and Tesco who I have briefly described above. Both Nike and Tesco are two contrasting business in the business world. They both are very successful at what they do and are continuing to grow. Tesco is a retailer‚ whereas‚ Nike is a large organisation which markets
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P2- Describe the different stakeholders who influence the purpose of two contrasting businesses P3- Describe how each business is organised Key stakeholders in Make A Wish Make a wish get a lot of supports from companies each year to help make wishes come true some of the companies are: Flight centre limited raise enough money to grant 25 magical wishes to come true. Some of the wishes cost thousands of pounds to make come true especially if they want to go aboard.
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P5: Explain the characteristics of the local business environment In this task‚ I have been asking explain the characteristic of local business environment. I will relate it into the following * Markets * Sector and industry changes * Economic trends * Legal Framework * Markets * Sector and industry changes * Economic Trends * Legal Framework The legal frameworks are all laws and regulation that are made by the government; those laws are made
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P1 describe the type of business‚ purpose and ownership of two contrasting businesses. For this assignment I am going to select two businesses‚ one which will be local and not-for-profit organization and the second will be an international business and for profit. The two businesses I have chosen to use for this task are Asda Stores Ltd. and Welcare‚ Reigate. Type of Business: Asda Stores Limited‚ commonly known as ASDA‚ is the second largest retail store and a national public limited company
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orders with prompt payments. • Owners: In a company it would be the shareholders. Owners are often thought to be the most important stakeholders because they have set up the business and give a lot of time into the company to make it successful. Owners like to see their share of profit increasing‚ and the value of their business rising. • Trade Unions: This is for groups of employees who seek to secure higher wages and better working conditions for their members. • Employer associations: This
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Describe two business sectors you might want to work in if you were an accountant and why? Two business sectors that I might want to work in if I were an accountant would be the IRS and Government Accounting. I think the IRS would be very interesting and I would be curious on how they examine tax payer’s returns‚ confirm and collect taxes‚ enforce tax laws and preparing and analyzing revenue reports. I always said that if for some reason I become an accountant or anything dealing with money I would
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