BM461 Demonstrate an understanding of the impact of changes in the business environment on business organisation and activity.

Assignment - Report relating to the overall topic of the Global Business Environment

Learning outcome 1: Obtain and interpret information relevant to an analysis of a firm`s business environment.

Learning outcome 2: Assess the impact of government on the structure and operation of a business organisation.

Learning outcome 3: Demonstrate an understanding of the impact of changes in the business environment on business organisation and activity.

Assignment task: Write a short briefing document of no more than 500 words that explains how successful the UK governments present activities are, in relation to fighting inflation and identify some measures of success that you expect to see within the economy as a result of these policies. The title for your work should be, ‘The UK Government Response to the Rise of Inflation within the Economy.`

The purpose of this task is to test your:
• Knowledge of economic theory, LO3.
• Assess your ability to identify and collate reputable sources of economic data and policy, LO1.
• Analyse the data and information for links to both relevant economic theories used throughout the lecture series and from your own reading of academic texts, LO3.
• Assess the effectiveness of these policy actions in positively impacting the business environment, LO2.
You should choose one government policy to focus upon only, e.g. Interest rates, changes in tax regime, lower government expenditure etc...

You should reflect on module content and use this as a basis to express your own ideas, using theory, academic references and practical industry examples where appropriate.

This 500-word (+/-10%) briefing document does not require a cover sheet, table of contents, executive summary or appendices. All tables, charts and diagrams should appear within the main body of the briefing document. All words appearing in tables, charts and diagrams are not included in the word count. There should be a minimum of 5 references from reputable sources and referenced using the Harvard system used to support your argument. The briefing document should be professionally formatted and presentable to a business manager.