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Compare the Challenges or Selected Business Activities Within Selected Organisation in Two Different Economic Environments

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M2 - Compare the challenges or selected business activities within selected organisation in two different economic environments
In this task I will compare the challenges to selected business activities in two different economic environments. | Supply | Economic | Waitrose | Availability of raw materials and labour – Waitrose are impacted by this because the less raw materials there are, the harder it is for them to meet the demand on products. Waitrose will increase the supply of a product depending on the demand of this, and the demand on the product could also influence the price.Logistics to produce products profitably – Waitrose are impacted by this as they would have to run analysis checks on the supply chain (they would have to hire someone who is skilled in this department) they would have make sure they are producing products in the most cost effective way that is possible. Without their Competition for raw materials – Waitrose are impacted by this as they need raw materials for their business to strive, with developing countries having a bigger influence in the purchases of raw materials it is harder for Waitrose to get these materials at the price and rate that they want these products at. Waitrose have to take advantages of the periods in which raw materials is at a lowered price. | Stability – This impacts Waitrose as stability in the marketplace will allow them to forecast how well they think the business will do in the coming months, it will also allow them to see the types of decisions that they will have to make.Growth – This would impact Waitrose as they will have expand their business, more customers will be employed due to the expansion of the company. As more money will be available from the consumers the company will have an increase in sales, and will probably will increase supply of products. Recession – This would impact Waitrose as

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