Evaluate Future Changes D2 Essay

839 words - 4 pages


It is vital to investigate the economic, political, legal and social factors of an organisation before making any future plans on it. The business that I have chosen is Asda. It provides goods and services that people require in their everyday life for an affordable price.
Economic influence
The economy of the UK has barely grown due to the recession which impacted on the demand for goods and services in UK. Inflation rate means increasing level of prices of goods and services. When the inflation rate rises, the government will raise interest rates to ...view middle of the document...

The government is planning to increase the tax on oil as it is a natural resource that is running out. Which means that Asda’s oil prices will increase resulting in less customers and less profit. Asda should stop buying and selling oil as it would ruin their reputation. Customers shop from Asda due to the cheap prices and if tax is increased, the reputation will be destroyed as well.
It is important for managers to consider factors such as tax changes, new laws, trade barriers and government policies as this is form where their perceived weaknesses and their competition which can impact the operations of Asda

Legal influence
The laws and constantly being changed and it is vital for Asda to be aware of it and be ready for these changes. Customers Law states that they are not meant to sell alcohol and cigarettes to under 18. If Asda wasn’t aware of this law, they would be fined £2500. Being unaware of the laws may cause more fines which will result in less profit for the company. They should train the employees about these laws and the consequences of it if it was not followed.
Asda makes sure that the employees’ security and personal details are secure and this is called employment protection. There is also a section where all of the access security questions must be answered with identical insurance. Only the employee can have access to their account and it is deleted once the use is finished.
To make things better, Asda must continue to invest in the renovation...

Other Papers Like Evaluate Future Changes D2

Health And Social Care Essay

968 words - 4 pages : describe one local health or social care service providers identifying its place in national provision. P7: describe the roles responsibilities and career pathways of three health and social care worker. M1: assess the impact of key influence on the personal learning processes on own learning. M2: assess how the action plan has helped support own development over the duration of the programme M3: use three examples to examine links between theory and practice. D1: evaluate how personal learning and development may benefits. D2: evaluate own development over the duration of the programme

Harley Essay

8108 words - 33 pages the value of all future dividends). f. Use Formula 10-9 to show that it will provide approximately the same answer as part e. [pic] (10–9) For Formula 10-9 use D1 = $2.10, Ke = 12 percent, and g = 5 percent. (The slight difference between the answers to part e and part f is due to rounding.) 10-34. Solution: Hunter Petroleum Corporation a. D1= $2.00 (1.05) = $2.10 D2= $2.10 (1.05) = $2.205

Care Homes

714 words - 3 pages M3 D2 - Two psychological perspectives and their contribution to good practice in care homes The psychodynamic approach has many beneficial aspects when it comes to health care and care services and settings within the UK. This has allowed us to understand how certain things may affect people’s childhood experiences in negative ways and effect their future. It also allows us to understand how people may potentially develop mental health

Managing Activities To Achieve Results

6223 words - 25 pages methods/techniques. (M2) 17. Present and communicate appropriate findings. (M3) 18. Use critical reflection to evaluate own work and justify valid conclusions. (D1) 19. Take responsibility for managing and organizing activities. (D2) (This provides evidence for Learning outcome LO1 – assessment criteria P1.1, P1.2, P.1.3; Learning outcome LO2 – assessment criteria P2.1, P2.2 & P2.4 Learning outcome LO3 – assessment criteria P3.1

Unit 18

1489 words - 6 pages : Assess the importance of meeting organisational and legal requirements when planning a business event. M2: Analyse the arrangements made by the organiser to plan the business event. M3: Evaluate how the business event can inform future planning. D1: Evaluate the management of a business event making recommendations for future events. D2: Evaluate feedback from delegates participating in the event. Bibliography: https://www.live-recruitment.co.uk/what-are-the-key-roles-of-an-event-organiser/


1128 words - 5 pages factors did you evaluate when making this decision? I firmly believe that investing in human capital is highly important. Hence, pursuing an MBA degree is a good investment to enable oneself to have the career and income I want to have in the near future. To qualify for a higher rank, especially in the case of government employee, those with MBA degree has an advantage to occupy a better position and grips professional opportunities

Housing Market In Houston

1983 words - 8 pages from changes in other factors other than price such as increased income, fall in interest rates, reduction in income and property taxes, among other factors. Shift of the demand curve from D0 to D2 results from changes in other factors other than price such as reduction in income, increase in interest rates, increase in income and property taxes, among other factors. FACTORS AFFECTING SUPPLY OF RESIDENTIAL HOUSING i) Expected/ future prices When

Business Strategy

7371 words - 30 pages Table of Contents Introduction 1 Define the contexts of business strategy (1.1) 2 The importance of a written vision/mission statement for a company 4 If a student is able to provide an overview of findings using the following queries as guide (M1) 6 Select four organizations and find their mission Statements and complete the following exhibit by identifying stakeholders that are mentioned and evaluate the differences between firms in


334 words - 2 pages generate higher outcomes of confidence level). Further research is necessary to provide more corroborating evidence that would further support the findings of this study. Researchers also recommend to continuously explore changes in demographic factors in order to evaluate whether these changes will affect consumer’s purchase intention as oppose to the results of this study. In addition, it is also suggested to construct the survey which is


4440 words - 18 pages credit, a credit note must be issued so that you or your customer can process this and adjust your accounts accordingly. If you have paid the invoice before the goods arrive and then have to return them due to damage or unsuitability then a credit note can be issued if you intend to buy more from that supplier as this can be offset against future purchases which in some cases would be the suppliers preference or you may require a refund of your

Pm 592

331 words - 2 pages Alberta Ablordeppey Week 1 Assignment –You Decide Product development Process for High resolution camera (Work Break down structure) 1. Market Feasibility study | 1.1 | Current Market Analysis | (1.1a) | SWOT analysis (Strength, Weakness, Opportunity & Threats) | (1.1b) | Customer survey | 1.2 | Competition | 1.3 | Anticipated future Market | (1.2a) | Develop spreadsheets, graphs and Tables | (1.2b) | Show trends

Related Essays

Business Environment Essay

584 words - 3 pages |D2 evaluate how future changes | |legal and social factors are |and social factors have |in economic political, legal | |impacting upon the business |impacted on the two |and social factors, may impact | |activities of the selected |contrasting organisations

The Human Lifespan Essay

297 words - 2 pages life stages; explain the influence of two predictable and two unpredictable major life events on their development. Learning outcome 3 Internet searches: with help sheets provided by the tutor; group discussions on physical changes in ageing. Tutor-led class discussion: the psychological changes of ageing. Guest speaker: working with older people; Q&A session. Assignment 3: Effects of ageing (P4, P5, M2, M3, D2) For your chosen individual, explain the effects of physical and psychological changes as they reach older age and discuss how those changes could affect their self-esteem and confidence. Unit review and assessment.

Mangment Essay

1058 words - 5 pages appropriate media have been used. Distinction Criteria Grade Descriptors Distinction D1 Use critical reflection to evaluate own work and justify valid conclusions D2 Take responsibility for managing and organising activities D3 Demonstrate convergent / lateral / creative thinking Indicative Characteristics  Self-criticism of approach has taken place  Realistic improvements have been proposed against defined characteristics for success

Btec Business Level 3 Essay

944 words - 4 pages – Evaluate the influence different stakeholders exert in one organisation. [IE] Choosing one of your organisations you must judge how different stakeholders have affected the business in recent years. Task 11 D2 – Evaluate how future changes in economic political, legal and social factors, may impact on the strategy of a specified organisation. Selecting one of your organisations research and explain what future trends might have an impact on the business.