Unit 38 Business and the Economic Environment

P1 explain the effects, of changes in the economic environment on a selected business P2 identify how government policies impact on a selected business P3 identify the impact of government spending on a selected business

P5 describe the impact of international factors on a selected business.

M2 analyse the effects of fiscal and monetary policies for a selected business in terms of the market it operates in D2 suggest and justify elements of fiscal and monetary policies that would help a selected business achieve its objectives.

D1 evaluate the impact of changes in the economic environment on a selected business

M3 assess the impact of changes in the global and European business environment on a selected business.

M1 analyse the implications of government policies for a selected business

P4 explain how both fiscal and monetary policy decisions have affected a selected business

Within this task, I will explain the effects of how changes to the economic environment of a country can have a direct impact on businesses. For the task I have chosen a specific business, which I have linked, the business is H&M.

Unit 38 - Business and the Economic Environment P3 P3 identify the impact of government spending on a selected business Case Study: Jaguar Land Rover BTEC Level 3 Extended Diploma in Business Please REVIEW it If it was USEFUL for YOU. Thanks!

This is an in-depth document that includes work upto the merit, it includes changes in GDP,rates of inflation and deflation, employment rates and trade surplus and deficit and the effect this will have on business decisions. It then moves onto explaining the business cycle to a quick overview of the country's economy. The document is then finished off with an explanation of the government polices and the impacts they can have on a business.