logo

Macroeconomic Factors Affecting Virgin Atlantic Airlines

   

Added on  2023-06-09

10 Pages3458 Words402 Views
 | 
 | 
 | 
Business
Macroeconomic Factors Affecting Virgin Atlantic Airlines_1

Contents
Contents...........................................................................................................................................2
INTRODUCTION...........................................................................................................................1
MAIN BODY..................................................................................................................................1
An summary of 2 macroeconomic components that the chosen firm must investigate, and also
the potential implications such factors could have on its business results..................................1
What impact will the current UK rate of growth have had on the chosen business....................3
What effect will the government's current methods of engagement have had on the selected
organization.................................................................................................................................4
What are the recent global difficulties which the chosen company is facing, and how can
that be addressed right now.........................................................................................................5
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7
Macroeconomic Factors Affecting Virgin Atlantic Airlines_2

INTRODUCTION
The examination of output variations, borrowing costs, increased prices, international
market rates, and unfulfilled trade commitments is known as macroeconomic policy (Abbasi, Ali
and Bibi, 2018). It helps to the examination of cost fluctuations in a specific corporate function
and assists in establishing marketplace safety. This also includes governmental measures to
combat stagnating and inflation that leads to the calculation of the balance of trade that causes a
deviation from the supplied stability and provides solutions. All macroeconomic indicators are
defined by the business, which additionally evaluates the entire assessment in the stated
electronic marketplace economy. Virgin Airlines is the company being analysed in this research;
it is a United Kingdom carrier that was created in 1984 in Crawlwy, England. The chosen airline
has 32 various locations around the world. This research will determine the most important
macroeconomic factors to investigate and how these effect corporate productivity. It also looks at
how large levels of expansion in the United Kingdom have affected the airline business, and also
current governmental intervention in the sector. Furthermore, because the company is engaging
with contemporary socio-political issues, it will provide suggestions according to the situation.
MAIN BODY
An summary of 2 macroeconomic components that the chosen firm must investigate, and also
the potential implications such factors could have on its business results
The accompanying factors that establish financial and operational circumstances that have an
effect on the regional and industries around the world of the Great Britain govern many factors in
an industry that have a wide range of advantages and therefore have to be examined and assessed
in a thorough way. Instead of a particular group of individuals or company, there are multiple
signs which show how the networking as a whole works (Arnold, Kiel and Voigt, 2016). As
shown beneath, a number of variables influence the industry's fundamental effectiveness:
Inflation: It is characterized as an increase in the worth of a certain product or action that
is used by a household or group in a given place (Arnott, Lizama and Song, 2017).
Modifications in commodity pricing can be employed to determine this. Costs generally
increase throughout time; nevertheless, pricing could typically fall, which is considered
to be deflation. Inflation can occur when given cost rises as a result of rising production
costs, like raw material and personnel pay. It's a circumstance which arises when the
Macroeconomic Factors Affecting Virgin Atlantic Airlines_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents