• For example demonstrate how economic growth influenced M&S including evidence of research to support your description.
• For example demonstrate how the recession influenced M&S including evidence of research to support your description.

Think about the following:
• pay levels,
• cost of credit (interest rates)
• competitive pressures,
• globalization,
• energy prices,
• supply and demand
• labour
• the ripple effect

Make a comparison of the problems/challenges faced by M&S in the 2 different economic environments.