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UNIT 38 BUSINESS LEVEL 3 - P1,P2,P3,P4,P5 £7.49   Add to cart

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

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 regul...

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

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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 ...

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UNIT 38 P2 - Identify how government policies impact on a selected business

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For P2, learners need to consider the wide range of government policies that impinge on business and select those that have a significant effect on the selected business. The impact of policies will vary between businesses depending on their size, location and type of activity. It makes sense to use...

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UNIT 38 P3 - Identify the impact of government spending on a selected business

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For P3, learners should consider the impact of changes to government spending on a selected business at a local, national or European level. If government spending is declining, demand for a business’s products or services will fall. This will have predictable consequences on the revenues, profits...

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UNIT 38 P4 - Explain how both fiscal and monetary policy decisions have affected a selected business

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For P4, learners must examine fiscal and monetary policies in relation to a chosen business. This will involve analysing the possible impact of changes in the tax regime, as well as interest rate changes, on a selected business’s operations. The range of possibilities is extensive and will vary ov...

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UNIT 38 P5 - Describe the impact of international factors on a selected business

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For P5, learners should describe the implications for a selected business of European and global factors. Again, these will very between types of business and over time. However, some developments are long term. European requirements will continue to be incorporated in to UK legal and regulatory fra...

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