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Unit 1 P5 - Describe the influence of two contrasting economic environments on business activities within a selected organisation.

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Unit 1 P5 - Describe the influence of two contrasting economic environments on business activities within a selected organisation.

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Learning Aim 4: Task 4
Economic Environments
By Jordan Blacker

, Criteria for this task:

I will be looking at how different economic
environments affect two different business organisations.

I will be looking at the following issues:
• Economic environment facing the business
• Levels of inflation
• Government policy
• Changes in GDP and in demand
• Changes in conditions of supply
• Issues involving global

, What is an economic environment?

The totality of economic factors, such as employment, income,
inflation, interest rates, productivity, and wealth, that influence
the buying behavior of consumers and institutions.

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October 11, 2017
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