Impact of Government Programs on UK Retail Sector's Demand and Supply

This report provides an economic analysis of the UK retail sector, focusing on the factors that influence demand and supply curves. It examines various causes for shifts in demand and supply, including local demand, demographic changes, income factors, and the availability of substitutes. The report also explores the strategies implemented by the UK government to support the retail sector, such as poverty programs, educational initiatives, and financial assistance. It highlights how these programs and policies impact the sector's performance and contribute to the overall economic cycle of the UK. The analysis considers the effects of economic events like Brexit and the COVID-19 pandemic on the retail market and the government's responses.

Economics for business

Contents
Contents...........................................................................................................................................2
EXECUTIVE SUMMER.................................................................................................................1
INTRODUCTION...........................................................................................................................1
TASK 1........................................................................................................................................1
Causes of shifting of demand and supply curve in retail sector in UK.......................................1
TASK 2............................................................................................................................................4
Programme start up by government of UK..................................................................................4
CONCLUSION................................................................................................................................6

EXECUTIVE SUMMER
Business economics is considered as the branch of economic which define all the theoretical law
rules and regulation and theories useful in practical business life. To understand this concept
retail sector of UK has been taken. As most of art of revenue has been earn by UK government
by using or selling or trading retail business sector . Theses sector useful in bringing essential
factors together and with the use of formatting affective business strategies government able to
deal in effect or efficient manner. This report has been define the use or factor which directly
impact on elements which affect demand and supply curve. Or Season and cause which become
the reason of shifting of theses demand and supply curve. It also include those essential factors
or elements which help in cover up the problem regarding changes of shift of demand and
supply cover of UK.
INTRODUCTION
Business economics is the field of study regarding each and every element of organizations ‘ s on
every factors . Related with business organization. This report has been formulated to define
factor or elements which become the reason of changing demand and supply curve as well as
policies and strategies use by government though which three can easily cover up or deal with
theses policies.
TASK 1
Causes of shifting of demand and supply curve in retail sector in UK.
Economic is the field of defining and identifying sources of leaving the sources are useful in
providing medium of exchange and living human. UK is designers one of the most developed
country most of organisational also
composition within the market day define effective busy strategies through which the able to
maintain deposition with in the market.
Many business organisation light s go century another retail this is corporation play essential oil
in market economy of uk de direct me impact on demand and supply of this country.
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Demand and supply booted essential elements of economics all in Florence from customers
differences and impact directly on earning capacitor wishes organisation (Ulijaszek, and
McLennan, 2016). Framing obesity in UK policy from the Blair years, 1997–2015: the
persistence of individualistic approaches despite overwhelming evidence of societal and
economic factors, and the need for collective responsibility. Obesity Reviews, 17(5), pp.397-411.
With use of essential demand factors retail sector of UK has been maintained their strong
position in the market it is really essential to use understand demand and supply effect of
business organisation on specific sector retail sector is related with sealing distributing of retail
goods which include groceries cosmetics as well as food items most of retail sector is related
with the work of Supermarket facilities there are various type of factors which influence demand
and supply curve following are the factors which are the reason of shifting of demand curve.
UK local demand factor this factor includes perception of customers their preferences policies
formulated by government and availability of raw materials perception of suppliers creditors
except from when customers need retail goods and services for essential basis the demand curve
has been shipped it from right to left on the other side most of demand curve related with
cosmetic products vegetables and caused the market has been increased from a shift from right to
left whenever season has been changed according to the season preferences of customers has
been changed in the season of winter they are not using cold items or purchase any cold cosmetic
cream as it is irrelevant for them on the other side demand of ice cream cold items wheat has
been increased in the month of Boss season of summers at that time demand of cold item has
been increased on the said hot items like hot coffee groceries product feverish has been declined
does affect local factor directly impact on demand as well as supply curve because it is really
hard for suppliers to fulfill demand does this also shifted left to right on customer preference has
been changed on the basis of the customers demand supply has been increased if they are not
demanding print a product at summer then the supply curve also as we shifted their position from
Once place to another place.
With the changes of time demographic URL as well as cultural influence directly impact on
demand and supply curve of retail sector as it is directly influenced by Korean and Russian
culture the demand of these product has been increased from day to day but on the other side
demand of Chinese and Japanese American has been declined does demand curve of Russian
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item help in shifted from left to right side as well as on the other hand other curves of supply has
been shifted from left to right these are that directly influence from customer preferences as well
as higher population rate focus on providing essential items does demand of higher rate of
cosmetic products has been declined on the other side it is really hard to maintain supply position
of organisation especially when population get higher it is difficult to fulfil needs supply curve
has been shifted due to non fulfilment of supply of customer.
Another factor which affect demand and supply curve is income factor till 2019 income of
personals of UK has been increases and Parsec unit capital has also been increased the but after
the terms British agreement as well as effect of corona virus most of people lose their job with
directly impact on adversely on effect of supply and demand curve (Huuki, Karhinen,
Kopsakangas-Savolainen, and Svento, 2020).
Capacity of parties is answered impact on organisations for n and countries demand and supply
curve especially retail sector demand of product has been increased and when it increased the
Cursed from left to right as well as when customer same capacitor reuse it also increase or
change Shift of the supply curve as with the effect of demand higher rate of demand supply also
increases it also change it come size purchase capacity is directly impact on demand and supply
curve with after the coronavirus demand of retail has been increased in related with some factors
but in case of food and beverage service provider has been declined demand for cosmetic
product has been declined the only demand and supply as an increase of retail grocery products
due to long time period it is really hard for organisations to provide material regarding
manufacturing of retail products it directly impact on supply and demand.
Capacity of parties is answered impact on organisations for n and countries demand and supply
curve especially retail sector demand of product has been increased and when it in here will be
serious factors which that clean face tomorrow supply curve you comment on the basis of
analysing situation from past few years for military strategies stove is taken maintain of demand
and supply curve as it is a decision what every business organisation to work according to these
factors and the changes of economical political situation already staples how many crisis does it
is really hard to maintain the man and supply visit these Cursed from left to right as well as
when customer same capacitor reuse it also increase or change Shift of the supply curve as with
the effect of demand higher rate of demand supply also increases it also change it come size
purchase capacity is directly impact on demand and supply curve with after the corona virus
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demand of retail has been increased in related with some factors but in case of food and beverage
service provider has been declined demand for cosmetic product has been declined the only
demand and supply as an increase of retail grocery products due to long time period it is really
hard for organisations to provide material regarding manufacturing of retail products it directly
impact on supply and demand.
Availability of substitute also impact on demand and supply curve. As demand of retail
product is getting low which substitutes is easily availed within the market. On the other side
here will be serious factors which thati clean face tomorrow supply curve you comment on the
basis of analysing situation from past few years for military strategies stove is taken maintain e
of demand and supply curve as it is a decision what every business organisation to work
according to these factors and the changes of economical political situation at already staples
how many crisis does it is really hard to maintain the man and supply .
TASK 2
Programme start up by government of UK.
UK government use various type of strategies through which they can't able to control the
reminder supply curve was due to another liberty office uses it is really hard to pay bills demand
of customers and non fulfilment of demand me directly effect of business and economic cycle of
UK and customers find substitute and it will directly better probably try to be expected
apparently impact on money cycle of UK (Bigerna, and Bollino, 2016).
UK Government establish or introduce various type of program events Indian montresor is
visible policy at present time the starting new poverty program which help in increasing per
capita income as well as help in increasing living standard of people however most of people and
not space from poverty issues but due to changes of economic circumstances as well as losing
jobs and incremental population the rate of unemployment people of UK has been raised up the
impact on demand and supply curve.
20 poverty program hair pin providing all the essential requirement to government for public
through which they can able to fulfill their desirable essential requirement things it will help in
bringing them or development of public UK Government mostly focus on education of poor
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people so children simple to and capable to generate earn money and handsome contribute
towards economic.
Answer transfer in foods in sector industries it will help in completes in providing
resources where it needed as due to changes its Geographic culture requirement as well as British
agreement it is really hard to fulfil.
all the special needs regarding with you came that this organisation able to generate effective
policies government were providing a transfer in their shares able to fulfil requirement of
customers retail customers.
retail subsidiaries to inhen market and able to provide various type of benefits to retailers which
help in bringing influence small industries to invest in retail sector has it become the most
profitable sector in a coming future times after the argument any effect of corona virus demand
of retail sector has been increases and due to increment in demand it is pretty hard to fulfil all the
customers perception does on the basis of formulating effective business policies they used to
provide financial assistance speech therapy in providing latest factors (Martin, Pike, Tyler, and
Gardiner, 2016).
UK Government engagement providing a formulating effective business from gram they
provide stimulus programs which help in reducing the chances of poverty as well as bringing the
life in his capability of customers ka public one of the most powerful country but you to some of
the economic crisis reason it is really hard for this organisation to maintain their position within
the market does by the formulate effective economic Strategies and work on monetary and fiscal
policies to bring in their demand and supply on same rate all these essential measurement help in
bringing back retail sector in effective and because it is it was the only sector which have you
came to make their position is strong the market environment is there retail sector has been bred
by the and which directly impact on the economic cycle of UK it help in fulfilling monetary
resources as well as provide effective in Strategies and tools through which small and medium
size organisation able to gain profit they provide the financial assistance as well as assistant
related with providing guideline how to set a deal with their customers all these measurement
policy is useful in bringing back performance of business organisation in effective way to
maintain economic condition of UK.
Government of UK mainly focus on small business Enterprises of retail sector 10 with
the use of focusing on a small and medium-size organisations table to spread their target market
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in the entire word corona virus direct impact on business strategies of UK as their plan of
spreading this market of retail sector in global level has totally been declining stop for a period
of time because it is really hard to investment take decision regarding investment in other
countries as due to corona virus the rate of a table has been declined and it is not possible for
retail sector to print built its proposition with a new market that they need to use these strategies
in their local market in influencing motivate customers they are interested in launching or using
new retail sector Supermarket which help in bringing all the essential features related with
grocery customers can easily by saving their time as well as cost as a dash bring all the essential
things together help in increasing living standard of customers (Ulijaszek. and McLennan, 2016).
CONCLUSION
From the above analyse it has been identified that business economics play vital role in
running economy of any country. They useful in determining and researching these factors which
directly impact on demand and supply of countries. Spacey in retail sector. There will be many
factors which become the reason of affecting adversely and positively changes in demand and
supply curve. All these are the reason of shifting curve. Government of UK use o formulate
effective policies regarding development and poverty which useful in bragging all the demand
and supply curve in effective manner, together though which retail sector able to fulfil demand of
every customer and supply of essential business raw material within given period of time.
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REFRENCES
From books and journal
Liu, Z., Zeng, X. and Yang, Z .L., 2018, July. Demand Based Bidding Strategies Under Interval
Demand for Integrated Demand and Supply Management. In 2018 IEEE Congress on
Evolutionary Computation (CEC) (pp. 1-8). IEEE.
Liu, Z., Zeng, X.J. and Ma, Q., 2016, July. Integrating demand response into electricity market.
In 2016 IEEE Congress on Evolutionary Computation (CEC) (pp. 2021-2027). IEEE.
Bigerna, S. and Bollino, C.A., 2016. Demand market power and renewables in the Italian
electricity market. Renewable and Sustainable Energy Reviews, 55, pp.1154-1162.
Huuki, H., Karhinen, S., Kopsakangas-Savolainen, M. and Svento, R., 2020. Flexible demand
and supply as enablers of variable energy integration. Journal of Cleaner Production,
258, p.120574.
Martin, R., Pike, A., Tyler, P. and Gardiner, B., 2016. Spatially rebalancing the UK economy:
towards a new policy model?. Regional Studies, 50(2), pp.342-357.
Ulijaszek, S.J. and McLennan, A.K., 2016. Framing obesity in UK policy from the Blair years,
1997–2015: the persistence of individualistic approaches despite overwhelming evidence
of societal and economic factors, and the need for collective responsibility. Obesity
Reviews, 17(5), pp.397-411.
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