Industry Profiles - Parcel Deliveries | A-Level Economics Exams 2022

In this revision video we look at aspects of the fast-growing parcel delivery industry in the UK. Great application for your exams!
#economics #economics #alevels2022

[@bry.1up804]

A nice bit of application could be Hermes's rebranding to Evri (form of non-price competition) and their annual investment of £7 million into pensions for workers.

[@tutor2u-official]

Love it!

[@bry.1up804]

@@tutor2u-official Thank you for these videos! They are very informative and easy to follow, greatly appreciated

[@ariyanbalachandran9270]

could you do a video on current uk labour market issues?

[@tutor2u-official]

Great idea - I'll write up and record over the weekend - thanks for the suggestion

[@ariyanbalachandran9270]

@@tutor2u-official thank you

[@abid4453]

@@tutor2u-official in the video could you also talk about the current policies in place to tackle the issues, e.g Apprenticehip levy scheme. Thanks in advance

[@jasneetjohal9086]

Could I use the UK parcels industry as an example of a contestable market?

[@tutor2u-official]

It would be a superb example to use Jasneet - good luck!

[@ginamarie9676]

What would be an example of a modern monopsony and a monopoly? Thank you for your helpful videos!

[@tutor2u-official]

Monopsony in product markets - Amazon Monopsony in labour markets - big outsourcing firms such as Compass and Sodexho

[@ginamarie9676]

@@tutor2u-official Thank you! What is the difference between Sodexo and Compass' business?