Write a Report on the Role of Economics in a Private Energy Company. Identify and evaluate the impact the economy has on business organisations. Appraise and apply economic theory to a range of contemporary business contexts.
A Report on the Role of Economics in a Private Energy Company
Write a Report on the Role of Economics in a Private Energy Company.
To be successful, the organisation must be capable of responding to changes in the sector in which they operate.
• As a manager, you are required to analyse the energy industry during and after the global pandemic.
• Hence you should produce a 1,500-word business report on the micro and macro-economic factors that have affected a private energy company (e.g., gas, electric, solar panel, wind, and oil) of your choice.
• Your report should review and reflect your knowledge and theory of economics. It must include an analysis of the impact of the economy (including the micro and macro factors) on your case company.
• Your audience is the senior management team. You should meet all the related learning outcomes.
Your choice of the organisation should be agreed upon with your tutor during tutorials.
Completion of this assessment will address the following learning outcomes:
1 Identify and evaluate the impact the economy has on business organisations.
2 Appraise and apply economic theory to a range of contemporary business contexts.
3 Analyse the micro and macro-economic forces on contemporary business.