Subject D1 Evaluate the Impact of Changes in the Economic...

Name: Cameron Nwanze Subject: D1 Evaluate the impact of changes in the economic environment on a selected business. I am required to evaluate the impact of changes in the economic environment on marks and spencer’s in relation to government decisions, policies, spending and economic management Government Decisions In 2012 the government decided to raise the minimum wage and change the vat rules this had a massive effect on marks and spencer’s as a company. The government raised the minimum wage to  £6.18 an hour, This had a bad effect on marks and spencer because all the people at marks and spencer that were on the smaller minimum wage  £6.08 (off which It was estimated that nearly half of their work force were on) this lead to an†¦show more content†¦The Vat rise has been a problem for marks and spencer because it has meant that goods at marks and spencer’s have become much more expensive and because of this people may find it difficult to shop at marks and spencer and therefore this would lead to sales to decrease and fall and this would lead to profits to fall. Policies A government policy that has effect the marks and spencer is the government policies to reduce the deficit and balancing the economy. This policy is seen to have effect marks and spencer’s in a good way because the government have lowered the tax rate for top earners allowing these top earners to have extra money to spend at marks and spencer because it is persevered to be that a high percentage of these employees are the top earners. This Policy has also had an effected marks and spencer because the government have launched the National Infrastructure plan which has impacted marks and spencer because it has meant that the government would now be spending a lot money on Infrastructure for stuff like transport which makes it much easier for potential customers to buy product from marks and spencer because it is easier to get to a marks and spencer and shop there Spending Government spending has really impacted marks and spencer for a few reason, firstly because the government is cutting jobs to public sector workers,Show MoreRelatedBusiness Strategy4546 Words   |  19 Pagesand peripherals. ï  µ Services that help maximize information technology (IT), rapidly deploy systems and educate IT professionals and consumers. ï  µ Financing alternatives, asset management services and other customer financial services for its business and consumer customers in the United States through Dell Financial Services L.P., a joint venture between Dell and CIT Group, Inc. ï  µ The Company is generally managed on a geographic basis: the Americas, Europe and Asia Pacific-Japan. VitalRead MoreBae System13839 Words   |  56 PagesPEST Analysis 4.2 Appendix 2: SWOT Analysis 4.3 Appendix 3: Porter’s Five Forces Model 4.4 Appendix 4: Key Financial Ratios 4.5 Appendix 5: Weighted Average Cost of Capital 4.6 Appendix 6: Shareholder Value Analysis 4.7 Appendix 7: Economic Profit 4.8 Appendix 8: Dividend Discount Model 4.9 Appendix 9: Price Earnings Ratio 4.10 Appendix 10: Asset Valuation Method 4.11 Appendix 11: Share Price Movement 5. 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