Essay Btec Business Level 3 Unit 12 M2

1960 Words8 Pages
M2 In these criteria I will be talking about Carphone phone warehouse and Ealing PCT, I will be describing affects in time of growth and recession. I will be also talking about their similarities and differences during recession and growth; I shall explain which business will be most affected by the recession and growth. I will be pointing out the different economic factors that affect Ealing PCT. Economic Environment In times of growth the government is going to receive more money, as a result because Ealing PCT come under the public sector they will be getting more money from the government, by this money Ealing PCT can invest other sector of the business. Because the Ealing PCT has increased their fund which will mean that more wards will be open, because more wards are open this will help with the aim of decreasing the waiting time in the A&E wards to less than 1 hour also more room and beds will be provided by the Ealing PCT for the patients. Diabetes is the illness which has grown rapidly in the last two year with an average increase of 18% within the Ealing borough, this increase a lot so the…show more content…
If Carphone warehouse is planning to open new stores, then they have to also recruit new employees who will be looking after those stores, similarly if Ealing PCT decides on opening wards and surgeries then they have to recruit new people who have the knowledge of using new technological wards. More stores means more money will be coming in, which means more profits and Carphone warehouse main aim is to make higher profit which means and this profit will help them to open new store or in expanding. Similarly Ealing PCT aim is to provide excellent service to the people who are staying in Ealing brought and by opening new wards and recruiting new staff they are meeting their aims, as a result in growth both businesses achieves their

More about Essay Btec Business Level 3 Unit 12 M2

Open Document