A.External Influences 1.The area I am presently perusal in is accounting, but more specifically, I am running(a) my way towards a Chartered Accountant title. 2.Economic Factors and Trends A couple of years back, as the economy was weakening, the unemployment reckon was increasing. In 2009, in Canada, the unemployment rate hit above 8.5%.Since then, the unemployment rate has tardily decreased, and today it is at 7.6%. A high unemployment rate triggers consumers non to spend money, therefore, leading companies to lay off employees. The accounting manufacturing has an unemployment rate of 2% [http://www.jobwings.com/en/job-advice/accounting-jobs/key-numbers/unemployment-rate-finance-and-accounting-sector , May 12th 2011]. If unemployment rate remains constant or continues to decrease, future accountants provide not have the fear of being laid off. Unemployment was the effect of the recession. corner is a period of economic activity during which income, production, and employment fall. This shrinks buy power, which in turn reduces demand for goods and services (Marketing Yourself, 2011, Chapter 3). We are currently recovering from the recession, offering us job opportunities. If the economy improves, consumers purchasing power allow foring recover and the accounting industry will have many new job offerings.

The GDP is the aggregate value of goods and services produced in a country yearly (Marketing Yourself, 2011, Chapter 3). When the GDP per capita is high, the consumers overtake power is higher. The greater the buying power, the greater the demand for goods and services. Higher demand for goods and services reduces the hazard of unemployment. Since 2010, the GDP has been growing. If it continues to grow or remains constant, there will be many job offerings. 3.Social and Demographic Trends With the itch boomers retiring, there will be many new opportunities for accountants. in the buff companies will enter the market and as they are growing, they will need someone to take care of... If you want to get a full essay, order it on our website:
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