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Submitted by Jessica02186 on April 17, 2008
Category: Business
Words: 930 | Pages: 4
Views: 110
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ENVIRONMENTAL FACTORS FOR “IMPACT LEISURE”
ECONOMIC FACTORS:
Internal
- Affordable Change
The changes that we are planning to make with IMPACT must align with their budgets and expenditure. We are looking at changing the name and market identity of IMPACT- the advertising needs to sit within the costs of the budget, as well as all other goods and services that we may need to help this along.
- Increase in day-to-day costs
When IMPACT organise activities within their organisation for the clients they need to ensure that the costing is kept to a minimum.
All things need to be taken into consideration when determining both the price they will charge to the clients as well as the suitability of the activity in regards to the cost, it needs to be affordable for both the organisation as well as its members in order for it to be successful.
This information ties in with the internal economic factors as, a raise in general running costs, i.e.; water, electricity, gas, food, materials and petrol, to give a few examples, would have to be factored into the final costings for all activities run within the organisation.
A list of their activities is contained within their monthly newsletter, the cost of these sessions range from nil to $4, which shows the importance they place on having low-budget activities.
- Price rises due to market inflation
A rise in everyday prices effect everyone, the focus in this organisation is on its clients. IMPACT clients rely on Government payments as income, a rise in transport could effect their ability to attend IMPACT. Many of their clients are able to independently travel to IMPACT via public transport, a rise in ticket prices may make it harder for these people to be able to afford public transport.
External
- Government Budgets and Grants
IMPACT is a community based...
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