Analyse the impact COVID-19 may have on the social behaviour of the UK and how this may affect the business of Nandos.
Evaluating the contemporary business environment
Many companies in the restaurants business have struggled over the last year due to the COVID-19 pandemic and the lockdown. As the UK government plans to bring the lockdown to an end this year, many organisations are not sure of the likely performance of their business in the post COVID-19 UK. You have been contacted by Nandos, one of the biggest restaurant chains in the UK to analyse the business environment of the UK and how this may affect their business operation in post COVID-19 times. Present a report to the directors by answering the following questions.
1. Explain the market structure in the UK within which Nandos operates.
2. What are the major economic factors within the UK and how may they affect the business of Nandos?
3. Analyse the impact COVID-19 may have on the social behaviour of the UK and how this may affect the business of Nandos.
4. What are the likely impacts of Brexit on the business operations of the Nandos?