Boom and Bust and Ryanair. Compare the challenges to selected business activities within a selected organisation, in two different economic environments.

The first 200 words of this essay...

Compare the challenges to selected business activities within a selected organisation, in two different economic environments.

The organisation I selected for this assignment is Ryanair.

Ryanair is an Irish low cost airline. The head office is located at Dublin Airport, Ireland with the operational bases at Dublin Airport and London Stansted Airport. Ryanair is one of the largest airlines in Europe.

The features of a boom economy:

* Full Employment

* Business doing well

* More people spending money

* More services being provided

* More jobs available

* Increase in prices

* Increase in wages

* Higher incomes

* Less unemployment

* Increase in consumer spending

Boom: Boom is the opposite of a recession. Boom occurs when more goods are being produced and consumed and incomes are rising.

The impact of a boom economy on Ryanair:

Ryanair is growing as a result of the effects of the boom. They are planning a major expansion in Scotland after announcing new routes and that it is going to build its biggest maintenance base there. This will create more jobs locally. Ryanair will