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External influences - Three ways in which an increase in unemployment might affect Hacker PLC are Organisation, Payments, and Government spending.
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External influences 4. Three ways in which an increase in unemployment might affect Hacker PLC are Organisation, Payments, and Government spending. Organisation - Unemployment can have a number of effect on the internal organisation of a business. It may mean that the firm can no longer afford to recruit new members of staff because of low demand for its products. New, often young, recruits to a firm will no longer be coming through. In addition, new posts which arise may be filled through retraining of existing staff rather than recruitment. This can lead to significant changes in the age profile of an organisation's employees. Redundancies are also a common feature of a period of high unemployment. Whilst the work of some who are made redundant will not be replaced, the responsibilities and roles of others may be added to the job description of those who remain within the firm. This can lead to increasing...
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