business environment

business environment

Project description
Economic systems: the allocation of scarce resources; effective use of resources; type of economic system eg command, free enterprise, mixed, traditional.
The UK economy: size ( gross domestic product, gross national product); structure; population; labour force; growth; inflation; balance of payments; balance of trade; exchange rates; trading partners; public finances (revenues, expenditure); taxation; government borrowing; business behaviour eg investment, objectives, risk awareness; cost of capital; consumer behaviour; propensity to save or spend.
Government policy: economic goals; fiscal policy; control of aggregate demand; central and local government spending; public sector net borrowing (PSNB) public sector net cash requirements (PSNCR); monetary policy; interest rates; quantitative easing; private finance initiative (PFI); competition policy; office of fair trading; regulators eg Ofgem, Civil Aviation Authority.
4.2.Analyse the impact of global factors on UK business organisation.(after a brief presentation ,please chose an organisation global but British(eg.british petroleum

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