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Title: U.S and U.K economic environments
Description: In this task I will be looking at the U.S and U.K economic environments and also providing relevant information for the Tesco’s that operates in these countries.

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Jerome  smith    

21/02/2013  

P5  

In  this  task  I  will  be  looking  at  the  U
...
K  economic  environments  and  also  providing  relevant  
informaCon  for  the  Tesco’s  that  operates  in  these  countries
...
S  Levels  of  income  (GDP  per  capita)  

 
GDP  which  stand  for  Gross  domesCc  product  is  a  measure  of  the  country's  economic  acCvity
...
 The  GDP  for  the  United  States  was  grown  by  
3
...
3  per  cent
...
hTp://www
...
com/united-­‐states/gdp-­‐growth)  [13/12/12]  
U
...
US  
unemployment  rate  has  fallen  to  7
...
however  the  US  add  146,000  jobs  in  November,  this  is  
because  U
...
 The  amount  of  unemployed  people  remained  
unchanged  in  the  latest  month  and  also  the  number  of  people  taking  part-­‐Cme  jobs  because  they  
cannot  find  full-­‐Cme  work  also  remained  unchanged  at  8
...
 This  will  have  a  big  impact/
influence  on  Tesco  turnovers  and  profit  because  if  customer  are  not  working  they  won’t  have  the  
money  to  pay  for  their  product  and  service  therefor  Tesco  have  to  reduce  their  inventories  because  
they  expect  to  less  product
...
bbc
...
uk/news/business-­‐20644187)  [13/12/12]  
U
...
80  per  cent  in  November  of  2012
...
4  Per  
cent  however  this  as  increase  to  23
...
8  per  cent  in  

Jerome  smith    

21/02/2013  

P5  

June  of  1921
...
g
...
 inflaCon  will  influence  Tesco  because,  when  products  prices  increase  the  
so  does  the  wages  of  the  employees  in  Tesco,  but  however  Tesco  will  be  making  a  lot  of  profit  and  
revenue  for  their  product  which  will  enable  them  to  expand  in  the  markeCng  environment
...
tradingeconomics
...
S  Economic  Growth  
Economic  Growth  is  an  increase  in  the  capacity  of  an  economy  to  produce  goods  and  services,  
compared  from  one  period  of  Cme  to  another
...
S
...
 The  Federal  government  gross  investment  was  increased  to  
9
...
 On  the  other  hand  the  naConal  defence  spending  rose  by  
13%
...
4  percentage  points  off  their  GDP  
figures
...
   
U
...
S
...
5  billion  and  imports  of  $222
...
2  billion  up  from  $40
...
 However  October  exports  were  $6
...
3  billion
...
9  billion  less  than  
September  imports  of  $227
...
8  billion  from  
September  to  $59
...
 (hTp://www
...
gov/newsreleases/internaConal/trade/
tradnewsrelease
...
 k  Levels  of  income  (GDP  per  capita)  

Jerome  smith    

21/02/2013  

P5  

 
GDP  which  stand  for  Gross  domesCc  product  is  a  measure  of  the  country's  economic  acCvity
...
The  U
...
3%  in  the  
fourth  quarter  
...
 
This  is  due  to  the  lack  of  employment  in  the  U
...
 The  U
...
9%  
per  cent  this  is  due  to  the  Olympic  Ccket  sales  which  add  0
...
 This  might  influence  Tesco,  
because  they  will  use  the  GDP  rate  to  make  a  decision  whether  to  increase  or  decrease  employment
...
bbc
...
uk/news/10613201)  [13/12/12]  
U
...
 
The  U
...
51  million  in  the  three  months  to  November  according  to  
the  Office  for  NaConal  StaCsCcs  (ONS)
...
K    was  down  0
...
8%
...
6  million    which  make  the  employment  

Jerome  smith    

21/02/2013  

P5  

rate  now  71
...
unemployment  will  have  a  massive  impact  on  Tesco  organisaCon  the  U
...
K  they  would  find  Tesco  product  unaffordable  and  expensive  
which  therefore  mean  that  Tesco  would  make  less  turnover  and  profit
...
bbc
...
uk/news/
10604117)  [13/12/12]  
U
...
 k  inflaCon  is  measured  by  the  
Consumer  Prices  Index  which  is  currently  at  2
...
2%  in  October  to  3
...
 This  will  influence  Tesco  because  it  will  cause  uncertainty  which  increases/higher    
risk,which  therefore  mean  businesses  are  less  likely  to  invest  (hTp://www
...
co
...
K  Economic  growth    
The  UK  economy  grew  by  1%  between  July  and  September;  this  is  due  to  the  third  quarter  
consumers  spending,  which  increase  by  0
...
 The  
services  sector  also  increase  by  1
...
9%  from  1
...
 
(hTp://www
...
co
...
K  Trade  figures    
The  UK  trading  to  EU  states  in  2012  was  increase  in  March  to  20  billion  pounds
...
 The  UK’s  EU  export  has  increased  
by  0
...
6  
billion  pounds
...
uktradeinfo
...
aspx)  
[13/12/12]  

!
GDP  influence  the  acCviCes  for  Tesco  in  U
...
S,  because  it  helps  Tesco  to  determine  whether  if  they  
should  increase  or  decrease  employment
...
K/U
...
 A  next  factor  that  influences  Tesco  acCviCes  is  Unemployment  because,  if  
People  buy  products  and  services  and  if  they  do  not  have  a  job  they  will  buy  less  products  and  
services,  which  mean  less  profit/sale  for  Tesco  in  the  UK/U
...
 
InflaCon  also  influences  the  acCviCes  for  Tesco  in  U
...
S,  because  a  high  level  of  inflaCon  will  make  
it  harder  for  Tesco  to  sell  their  goods  and  services
...
 
Economic  Growth  also  plays  an  important  part  in  Tesco  organisaCon  acCvates,  because  if  the  
economic  is  in  a  state/condiCon,  this  will  enable  Tesco  to  make  more  profit  and  sales  because  more  
people  will  be  spending  money  on  their  product
...
K/U
...
     


Title: U.S and U.K economic environments
Description: In this task I will be looking at the U.S and U.K economic environments and also providing relevant information for the Tesco’s that operates in these countries.