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Economic Factors That Affect Apple in China and Usa

In: Business and Management

Submitted By benivy
Words 1644
Pages 7
Unit 1: Business Environment

Assignment 3

Apple is the company that I am going to be talking about in this assignment; I will be talking about how different economic environments affect two countries Apple operates in (China, USA) and what countries they are manufactured and assembled in. They’re stores are usually located in the central main shopping centre of a city especially their stores in the UK. The company Apple is a private limited company and the company is open to the public to buy shares in the organisation. The company is based in the secondary sector of business. Here is a table stating some of the economic factors that may affect Apple. China United Kingdom
GDP China GDP is worth 5879 billion dollars or 9.48% of the world economy, according to the World Bank. from 1960 until 2010, China's average GDP was 839.37 billion dollars reaching a massive rate 5878.63 billion dollars in December of 2010 and a record low of 46.46 billion dollars in December of 1962 The United Kingdom GDP is worth 2246 billion dollars or 3.62% of the world economy, according to the World Bank. From 1960 until 2010 the United Kingdom's average Gross Domestic Product was 862.04 billion dollars reaching 2810.97 billion dollars in 2010.
Inflation The inflation rate in China was last reported at 4.1 percent in December of 2011. From 1994 until 2010, the average inflation rate in China was 4.25% reaching 27.70 percent in October of 1994 and a record low of -2.20% in March of 1999. The inflation rate in UK was last reported at 4% in December of 2011. From 1989 until 2010, the average inflation rate in United Kingdom was 2.72% reaching 8.50 percent in April of 1991 and a record low of 0.50 percent in 2000.
Unemployment The unemployment rate in China 4.1% in the third quarter of 2011. From 2002 until 2010, China's Unemployment Rate averaged 4.15% reaching 4.30 percent in…...

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