P5 Describe the Influence of 2 Contrasting Economics...

P5 Describe the influence of 2 contrasting economics environments on business activities within a selected organisation Introduction In this task I will be talking about two contrasting economic environments on business activities for Harris Academy Peckham and Peckham. The economic environments will be recession, demand and supply. Supply and demand is perhaps one of the most fundamental concepts of economics and it is the backbone of a market economy. Demand refers to how much of a product or service is desired by product or service is desired by buyers. The quantity demanded is the amount of a product people are willing to buy at a certain price; the relationship between price and how much of a good or service is supplied to†¦show more content†¦Due to recession, the government has made a decision to cut many funds that they give to each school. This will have a negative effect on Hap, because won’t have that many resources to work with for their students to pass theirShow MoreRelated2014 15 Assignment4484 Words   |  18 PagesBTEC National Diploma in Business (Marketing) UNIT 1: The Business Environment Assignment title Working at Business Review In this assessment you will have opportunities to provide evidence against the following criteria. Indicate the page numbers where the evidence can be found. Criteria reference To achieve the criteria the evidence must show that the student is able to: Task no. Page numbers P1 Describe the types of business, purpose and ownership of two contrasting businesses A1 / T1 pRead MoreBtec Level 3 Diploma Unit 1: the Business Environment2118 Words   |  9 Pages|Assignment title: |Business Environment | | |The purpose of this assignment is to: | |Allow you to demonstrate your understanding of a range of business organisations and the factors which impact the operations of these businesses in| |the contemporary world. Read MoreThe Influence Of Two Contrasting Economic Environments On Business Activities Within A Selected Organisation1112 Words   |  5 Pages P5: Describe the influence of two contrasting economic environments on business activities within a selected organisation. Introduction In this document, I will be describing the influence of two contrasting economic environments on business activities within a selected organisation. I will be writing about supply and demand, unemployment, inflation, government policies and GDP. Step 1: Demand and Supply Demand Demand is when customers are willing to pay for a product or service at a reasonableRead MoreDescribe the Influence of Two Contrasting Economic Environments on Business Activities Within a Selected Organisation1721 Words   |  7 PagesP5-Describe the influence of two contrasting economic environments on business activities within a selected organisation Within my selected organisation, Tesco, there are 2 important economic environments that have an influence on business activities. Both economic environments will have a different way on affecting Tesco. The economic environments are growth and recession. Economic growth occurs when more goods are being produced and consumed, and incomes are rising. A growth company tends toRead MoreThe Emergence of the Fast Fashion Business Model and Imposed Quick Response Challenges for Chinese Fabric Manufacturers14773 Words   |  60 PagesThe Emergence of the Fast Fashion Business Model and Imposed Quick Response Challenges for Chinese Fabric Manufacturers Jennie Hope Peterson, Jimmy Chang, Yiu-Hing Wong, and Carl A. Lawrence Abstract This chapter explores and develops fast fashion in the current retailing industry and its impacts on how the Chinese textile manufacturing industry has adjusted to remain competitive. Fast fashion evolved at the turn of the twenty-ï ¬ rst century into a business approach characterized by fresh fashions