i) Using an appropriate business example BRIEFLY set out its vulnerability and its main exposures. (1/3 of essay) (i.e. Vulnerability Type I or Type II) ECONOMICSii) Identify the key elements of its business strategy and assess its effectiveness in a) raising profits and b) mediating the impact of macroeconomic exposures. (2/3 of essay)You have to select a company and a) set out the key elements of its strategy b) explore the impact of the strategy on the fundamental macro and micro economic drivers of its performance especially its ability to make supernormal profits in good and bad macro circumstances. In this task you will need to consider the ways (if any) in which the chosen business manages its cost vulnerability. The attached paper discusses one such strategy which is variabilisation. Please remember this is an ECONOMICS assignment i.e. requires allusion to Economic terms e.g. SRATC curve etc. etc.
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |