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.
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.