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ILM - Macroeconomics (1.1: Current Domestic (Brexit (Good - nothing, Bad -…
ILM - Macroeconomics
1.1: Current Domestic
Brexit
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Bad - exchange rate, no more trade deals (policies, free roaming), tighter immigration controls = less supply of employees = pay your employees more because of this = spend more = less profit
Exchange Rates
£ has depreciated, meaning it is cheaper for people outside of the UK to buy Microsoft products
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1.2: Fiscal & Monetary
Fiscal
Government more spending = more money in economy - Hs2 - micrsooft can sell software/computers to HS2 project = more profit for MIcrosoft
Fiscal tightening - increased tax, decreased gov spending ( look at figures online - comapre 2018 and 2019 figures) and then my impact
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