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Macro-Economic Factors and Global Challenges Faced by Virgin Atlantic Airlines

   

Added on  2023-06-09

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Macro-Economic Factors and Global Challenges Faced by Virgin Atlantic Airlines_1

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Explain two macro- economic factors that your chosen business will need to consider and the
influences these could have on its business outputs (macro-economic factors e.g., economic
output, unemployment rates, inflation,). .........................................................................................3
What are the current global challenges facing by the chosen business and recommendations
on how to overcome them in this current time? .........................................................................8
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10
Macro-Economic Factors and Global Challenges Faced by Virgin Atlantic Airlines_2

INTRODUCTION
The concept of business environment shows the different variables which contains the
internal and external factors which make an impact on the capability of the enterprise. The
factors were matching the need of customer and workers, demand and supply, interest of
individual, administration, changes in fiscal and the contractor of raw material. This will help in
researching for work and business on presentation, growth and development of a firm. The
activity of macro-economic is introduced to the changes which are compounded as pecuniary
actions, the rate of unemployment and many more this helps to gather the data related with
economy and controlled through nations government(Wronka, 2021). In this report the company
which is taken into consideration for discussion is virgin gathering ltd. This is a British
organisation which was developed in the year 1972 and the organisation gives some infinite
operation for bunches like virgin occasion, virgin aircraft, virgin media and many more. This
report also discuss about the factors which will cause the impact on functioning of virgin atlantic
airlines, which establishes and incorporates growth, enlargement and rate of unemployment.
MAIN BODY
Explain two macro- economic factors that your chosen business will need to
consider and the influences these could have on its business outputs
(macro-economic factors e.g., economic output, unemployment rates,
inflation,).
The full scale term determines a pecuniary field which will restrict the fiscal movement.
For an instance, the fiscal rate, growth and expansion, rate of GDP and many more. The big scale
of monetary term is being referred as three kinds such as positive, negative and non partisan. The
broader scale of money calculation assistance is approximation to what is the store expansion of
footstep, rate of unemployment and the other variables. This figure will rate the alternative which
will be taken through state and association. The virgin atlantic's business demonstration will be
affected through a great number of external factors, this will lean for collecting the designed
target and research of company's exhibition. The virgin atlantic is a british global carrier which
will lay down in the year 1984 for flying between London and Falkland islands. Normally this is
one of the portion of virgin gathering. The macro climate affects the Atlantic aircraft and
Macro-Economic Factors and Global Challenges Faced by Virgin Atlantic Airlines_3

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