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Title: Unit 39 - Assignment 1
Description: Describe the likely effects on a selected business of variations in the economic environment.
Description: Describe the likely effects on a selected business of variations in the economic environment.
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Unit 39 – Assignment 1
Describe the likely effects on a selected business of variations in the economic environment
...
This business gives a wide display of great
– priced games, CD’s, DVD’s and books to its potential customers, who have made great profit
throughout the years
...
When actually writing my answer, I will present it in the form
of a table which will show a number of possible variations, information about them and how they
can affect HMV, my chosen business
...
A
measure of the value of goods
and services produced in a
country in a year
...
This is an
indication of a country's
economic health
...
This is
regarded as refalling GDP
...
The economic condition when
everyone who wishes to work
at the going wage rate for their
type of labour is employed
...
A statement of a country's
trade and financial transactions
with the rest of the world over
a particular period of time
...
When a
Effect on HMV
Will encourage HMV to
continue their goods and
services for higher ratings
...
When having to suffer a time of
a reduced economy, HMV will
endure sale losses because of
lower spending
...
The higher the staff count
within HMV, the more wages
being given to them, leading to
loss of income
...
The financial decisions made by
the country will lead to
businesses such as HMV within
that country to follow them and
could either help or decline
what they earn by their
performances
...
Deficit- Rise
When imports are less in value
than exports
...
Distribution of income
The distribution of a country’s
income between rich and poor
...
e
...
The interest
rate charged by lending
institutions must be sufficient
to cover
...
Exchange rates taxes
HMV will have to raise their
sales in order to keep their
income balanced
...
HMV will be one of those
businesses that will gain the
income to change the economy
for those less able to make
their own
...
When the economy falls in
value, the price of imports for
HMV will be put up, reducing
their profits
...
While those variables that I find a disadvantage to HMV’s economy would
be deficit, unemployment, recession and exchange rates taxes, because I find them to leave a
negative impact with HMV’s economic environment
Title: Unit 39 - Assignment 1
Description: Describe the likely effects on a selected business of variations in the economic environment.
Description: Describe the likely effects on a selected business of variations in the economic environment.