Business, 21.09.2021 14:40, gianna61

Evaluate whether Miri needs to make changes to his business as a result of the Pound sterling depreciating 10% against the Chinese Renminbi in 2016. You should use the information provided as well as your own knowledge of the business. 12 marks. - ...After 2 weeks, Miri had sold most of his stock and he felt confident enough to make a second order. The business grew from there. Miri now sells a variety of purity jewellery: from rings to bracelets and earrings to necklaces. All his stock is imported from China and all of his customers are from the UK. Miri doesn't sell abroad. He is now thinking of expanding his business by renting some office space and investing in a new website. This will, however, require a loan from the bank.

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Evaluate whether Miri needs to make changes to his business as a result of the Pound sterling deprec...