UNIT 38 P1 Explain the effects of changes in the

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UNIT 38 BUSINESS LEVEL 3 - P1,P2,P3,P4,P5

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UNIT 38 BUSINESS LEVEL 3 - P1,P2,P3,P4,P5
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January 2016
THE BUNDLE IS RECOMMENDED AS ALL THESE ASSIGNMENTS ARE CONNECTED. The aim of this unit is to introduce learners to the interaction between the general economic environment and business activity and how the interactions generate national wellbeing. Learners will study how government activities regulate and influence business activities and how busi
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UNIT 38 P1 - Explain the effects of changes in the economic environment on a selected business

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UNIT 38 P1 - Explain the effects of changes in the economic environment on a selected business
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3.0

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4

January 2016

2014/2015
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For P1, learners should explain the likely effect of variations in the economic environment on a selected business, by examining the business cycle and indicators that describe it, such as inflation, employment, growth and international trade. Learners should choose an appropriate business in order to examine the impact of any changes. A local example or a major national example will help ensure sufficient information is available.
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UNIT 38 P1 Explain the effects of changes in the

UNIT 38 BUSINESS LEVEL 3 - P1,P2,P3,P4,P5

UNIT 38 P1 - Explain the effects of changes in the economic environment on a selected business