ABSTRACT
Introduction When Bill Clinton entered the race for the Presidency in the autumn of 1992, the American economy was just coming out of a two-year recession and a
10.1 Introduction 10.2 What do we mean by the economy? 10.3 Key economic infl uences 10.4 Emerging ethical and international issues around the economy 10.5 Analysing the effect of current and future key economic infl uences on
organisations 10.6 Summary
After carefully reading and engaging with the tasks and activities outlined in this chapter, you should have a better understanding of: ● the meaning of the term ‘economy’ ● the three types of economy ● the nature of the economic infl uences and their impact on organisations ● some of the ethical and international issues confronting organisations with
regard to the economic environment.
