Inflation And Consumer Spending Patterns Essay

What is the impact of economic variables such as interest rates, inflation and consumer spending patterns on your firm? Briefly discuss how you think these factors will affect your firm in the coming year.

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An important part of this section is also to consider the industry dynamics that affect your firm as this forms the basis for understanding the economic environment in which your firm operates. For example, can you find information on market share and other competitive forces such as the number of competitors and the ease in which new competitors can enter this industry. This is similar to a SWOT Analysis but the important point is to be able to connect your analysis of industry issues back to your firm and form an opinion on the effect of these factors on the financial outlook for your firm. Inflation And Consumer Spending Patterns Essay