Part A : Select one of the following economic issues and discuss how it impacts on your organisation.
- Analysis of consumer demand
- Cost analysis
- Market structure and competitive rivalry
- Economic regulation
- Pricing.
Part B: Discuss how the following are used or could be used in the organisation.
- Ratio analysis
- Decision making techniques, either short term or long term.
Part C: Discuss the benefits and limitations of budgeting and planning relating this experience to the budgeting process and budgetary control in the organisation.