NAME: ESSIEN, Idorenyin Eno
EMAIL: idee.essien@gmail.com
STUDENT ID NUMBER: R1504D7489 08
DATE: 19th October, 2015
ASSIGNMENT TOPICS:
Question 1 * Comparing and contrasting business environments in 2 countries – Nigeria and United States by: * Evaluating how their business environment is influenced by government economic policy which may be identified through the application of economic theory. * Critically evaluating the local economic business environment measured against the choice of a comparative international economic and business system.
(Pictorial techniques may be used which are appropriate to illustrate and justify the evaluation, e.g. Graphs, charts, economic curve diagrams, etc.) (700 – 1,000 words)

Question 2 * Critical evaluation of measures used by governments and central banks to manage the economies of their countries. * By critically evaluating, using convincing arguments in support of the measures used to reduce, minimise or alleviate economic difficulties many countries face.
(Examples should be used in the submission to illustrate the justified view) (1,100 – 1,500 words)

1. BUSINESS includes all doings linked with production, trade, banking, coverage, finance, energy, advertising, packaging etc. ENVIRONMENT refers to all external forces, which have comportment on the functioning of business. The environment includes factors outside the firm which can lead to opportunities for or threats to the firm.

There is close relationship between business and its economic environment. Business obtains all its needed inputs from the economic environment and it absorbs the output of business units.
ECONOMIC POLICY is the term used to describe administration actions that are intended to influence the economy of a city, state or nation. When there is a modification / variation in the government policies, the