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Discuss the causes of the current economic downturn. Context British economy (type, public spending as %GDP) Key economic indicators (changes over...

Using a supply and demand diagram evaluate the impact of recession on your chosen organisation
HNC/D management and business Assignment 2 Guidelines to structure and content Introduction Set out the content and aims of the assignment 1. Discuss the causes of the current economic downturn… a. Context British economy (type, public spending as %GDP) Key economic indicators (changes over last 20 years and implications for business) Interest rates Inflation Balance of payments Exchange rages against $ and euro Unemployment Etc. (In other words, in this section, try to give a picture of the general health or otherwise of British economy now and in recent years) b. Role of banks in the economy c. Nature of ‘bubbles’ d. Brief outline of sequence of events that have unfolded over last year and theories as to causes. 2. Using a supply and demand diagram evaluate the impact of recession on your chosen organisation. Revisit work done on shifts in demand and supply curve. Look at the factors that might cause the curves to shift. What factors might be relevant in this case. How might these factors cause curves to shift (draw separate diagrams for each scenario showing new equilibrium price and quantity) What do you think might be the overall impact? (ie what is net effect on equilibrium price and quantity of curves shifting)
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3. Discuss what your chosen organisation can do to reduce the adverse impact of recession on the organisation and its various stakeholders. Detail who the organisation’s stakeholders are and how you think recession is going to impact on them (could maybe start with those most affected and then go down in descending order). Give informed advice (ie referring to business theory and literature) as to how the organisation can reduce the adverse impact of recession on their stakeholders.
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