BMI4001M Principles of Applied Economics Level Of Study 4 Report

Published: 27 Jan, 2025
Category Report Subject Economics
University York St John University Module Title BMI4001M Principles of Applied Economics

About This Unit

BMI4001M Principles of Applied Economics report focused on the Inner Space Station which is the description of the self-storage market in York. Their stability is often threatened by economic highs and lows (fluctuations), or by the amount of money they spend on operating costs. To achieve this objective there may be additional steps like targeted extension or business adaptation as well as increasing the effectiveness of each unit within the company. In terms of Inner Space Station, the organisation offers both internal and external storage units of multiple sizes catering to a wide range of consumer needs which increases the demand for their storage units for people who want to store lesser items or even large furniture pieces everything is taken care of by the organisation. As per Office for National Statistics (2022) almost 10.2% and 8.4% population growth have been recorded in the areas of Selby and Wakefield close to York.  Instead of a drop-off place for businesses' feeder systems, the Inner Space Stations could provide them, services like storage, fulfilment centre support or convenient packaging and pick-up/drop-off.

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