Candleford Conservatories Ltd Assignment Example | Topics and Well Written Essays - 2000 words

Candleford Conservatories Ltd - Assignment ExampleA rise in foreclosures forget loss headachees in that those who can be potential customers leave alone not be in that they are straightaway not concerned about doing business with companies to obtain the things they want, they now have to be careful with their spending, buying only what they need and not what they want. Sometimes, they may not even be able to purchase the things that they need. around everyone in whatever way shape or form bequeath feel the effects of the misuse that an eight percent unemployment rate to have on the national economy.If there are problems in the UK, as far as the economy is concerned, there will also be problems with UK international trade in that there will be less goods to export, being that the workforce who will contribute to producing such goods will have dropped due to lack of employment that has resulted from the fall in the economy. Not to mention, inflation will also affect the intern ational trading in that other countries will have to pay more for goods, which in the long run will hurt profits. This will hurt the economy considerably in that the UK will not be able to make money from outside sources as easily as before.The portentous unemployment rate will relieve oneself there to be a lack of prerequisite for conservatories, which will cause the customer base for Candleford LTD to be significantly less. Unemployment means that there will be a topic of foreclosures. The more foreclosures there are, the less that will have homes, and if people cannot hold onto their homes, then conservatories cannot be installed and purchased. When the demand for conservatories drops, this effects everyone at Candleford Conservatories LTD, as the lack of demand can effect whether or not some will continue to have jobs, since the profits that the company brings in supplies workers with their salaries. 12)Illustrating your answer with examples related to the case hear explain the difference between strategic and tactical business decisions.(6)The differences between strategic and tactical business decisions are that strategic business decisions would use the companys history to make future business decisions, carefully strategizing what moves will be made next, as it pertains to the success of the business, and tactical business decisions are methods that the company will be able to employ in order to be successful, such as what tactics that will practice to target their client base and improve their operations. An example of a strategic business decision is when capital of Minnesota analyzed the companys history before he made any decisions about the companys operation. For instance, he paid care to what his father did. He took not of what worked and what did not and carefully considered all factors before taking a first-year step. A tactical business decision was made when Candleford had to figure out how they would function in a down turning econom y where not only did the industries that they so heavily depended upon were drastically effected, they had to be fanciful in getting customers to purchase conservatories.13)Giving reasons to support your opinion, explaina)Which industries or sectors of the economy are potential to suffer less