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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.
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.
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.