Economics Archives - Page 6 of 6

Impact of Changes in Economic Environment on Business

Understand The Impact of Changes in Economic Environment on Business

The Effects, of Changes in the Economic Environment: Economic changes have a significant impact on business organizations. It is a process of creating wealth in the country and maintains them properly without any damage or wastage. Economic environment analysis is very important for the organization to ensure its future prosperity, growth, and sustainability (Anon, 2017). The factors of the economic environment can influence business in global and national sectors which will describe more descriptively for the selected organization.

McDonald’s UK has faced various changes for economic environment change and struggles a lot to ensure its business sustainability and profitability. Those changes and effects are described below:

Inflation

Inflation is known …

How Government Spending, Fiscal and Monetary Policy Impact on Business

Identify the Impact of Government Spending On Business

The government is trying to exercise different economic policies which are influencing UK business organizations to gain better living standard and improve the growth for the sake of the country. Basically the government is spending to control inflation, improve employment facilities for better employment relations and overall economic growth (Ermolina, 2016). Fiscal policy is interconnected with changing government spending and taxations.

Government changes have various impacts on the McDonald’s company and its business operations at the local, national or EU level or international level. The spending of the government can change in various situations. If the McDonald’s demand falls it can also …