How Organisations Has Been Affected By Two Contrasting Economic Environments

Task 1)When the country is in the fadeout everybody is seek to save money and go to shops which argon cheap. Some companies cut jobs and are trying to maximise profit. Lidl is making scads of profit in the recession in that locationfore they dont convey to worry that there is a recession because everybody is trying to save money and people are passing to cheap shops and Lidl is one of them and because of that they are making rafts of money in recession. Lidl is in England for a very long time and when recession came, it admit tens of thousands of people to try Lidl for the first time.The same thing happened to Aldi. Lidl and Aldi take a crap cheap products at postgraduate quality. When the country is at boom thence lots of occupancy like Lidl hire lots of people therefore there is high employment level and their wages go forth go high as well because they want to attract more people because the subscriber line can afford to hire lots of people therefore the business pa ss on run in a very good elbow room also businesses are investing more to make the business wave and meet peoples demands, and in a boom people have lots of money which they want to use on their want and needs and because of that shops will make lots of profit.Task 2)Human resources in a recession have to make hard decisions, one of them is cutting jobs because they cant afford to have lots of employees, finance department have to calculate how much money they can spend on the business and try not to bankrupt therefore they would have to change their suppliers on cheaper suppliers which have less quality products as they would have from their normal suppliers and that could affect their business because they could lose customers. The company would have to distributor point investing and save money for their suppliers and pay their employees.He company would have to barricade investing and save money for their suppliers and pay their employees. If the country is at the recovery, then Human resources might start hiring new people but not a lot like they had at boom therefore unemployment will fall a little. Finances will have to consider more or less increasing production and start investing into the business again, demand would jump-start and because of that sales will rise as well therefore late the business will be making profit.