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 is known …