216MANEL: Economic and Financial Management - The Impact of the Economy on Business Organisations - Economics Assignment Help

Assignment Task:

Learning Outcomes:
Completion of this assignment will address the following learning outcomes: 
1. Identify and evaluate the impact the economy has on business organisations 
2. Appraise and apply economic theory to a range of contemporary business contexts. 
3. Analyse the micro and macro-economic forces on contemporary business.

Task: 

Title: Economics and the business  
You are required to identify and research an organisation that has failed. You are to produce a 1,500-word analysis in report format on the micro and macro-economic factors that led to the failure.  Your report should review and reflect your knowledge and theory of economics. It must include an analysis of the impact of the micro and macro-environmental factors in relation to your chosen organisation. Your audience is the attendees of a regional CMI workshop. You should cover learning outcomes 1, 2 & 3.  Your choice of an organisation should be agreed with your tutor during tutorials.

INTRODUCTION:

• Introduce how Economic links with Business

1. How Businesses use Economic Models such as PESTLE, SWOT, PORTERS FIVE FORCES, Etc for decision making.
2. Introduce the next section of the work here 

ECONOMIC IMPACT ON BUSINESS ORGANISATIONS:
• Macro-Economic Factors Analysis using appropriate Model (PESTLE) 
• Micro Economic Factors Analysis using an appropriate model (SWOT) 
• Clear illustrations of how the above factors impact on business operations and how any of them can lead to Business closing down 

IMPACT OF MICRO & MACROECONOMIC FACTORS ON (Your chosen company)  
• Background of your chosen Business

1. How long they have been in Business
2. What was their product(s) – You might wish to use Porters 5 Forces here. No stress, though!
3. When they went into dissolution/liquidation 

 
• MICRO Economic Analysis of your Chosen Company. Use appropriate model

1. This MUST be strictly for the chosen company and NOT generic.
2. The positive and negative impacts of each of the factors MUST be discussed and a recommendation made. 

 
• MACRO Economic Analysis of your Chosen Company. Use appropriate model

1. This is for your chosen company and NOT generic.
2. Positive and negative impacts must be discussed
3. Clear recommendations must be made

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