Wetherly and Otter: The Business Environment
Chapter 09
When you have completed this chapter you will be able to:
Understand the institutional and policy-making framework of the European Union (EU) including the European Parliament, Commission, Council and Central Bank and their significance to modern business operations;
Analyse the differing forms of economic integration relevant to EU development and issues arising from successive enlargements;
Explain the recent development of European Monetary Union and the impact of the euro on the EU business environment;
Understand the key issues arising from the EU budget, including the developing changes to the pattern of contributions and expenditure and explain their significance for selected sectors and regions;
Use case study and scenario approaches to analyse selected key EU industries including the car and airline sectors.


