Nobody downloaded yet

The Potential Challenges in the UK Automobile Branch - Statistics Project Example

Comments (0) Cite this document
Summary
The paper «The Potential Challenges in the UK Automobile Branch” ascertains the British trade unions’ high activity due to the unreasonable demands of the multinational working community. Besides, the industry subsidized by the state can hardly be considered an attractive investment sphere. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.3% of users find it useful
The Potential Challenges in the UK Automobile Branch
Read TextPreview

Extract of sample "The Potential Challenges in the UK Automobile Branch"

Download file to see previous pages Of all the significant socio-economic and socio-political changes whichever upturned the preconceived ideas of the world, globalization had been one of the most significant of all. In fact, the change cannot be considered anything less than a revolution of a sort which liberated the pre-emptive stance posed by various economies. It gave them a new idea about their individual growth potentials which now seemed to have been dwarfed so far. It bared new grounds for the investors around the world to pour their resources and soon, they were left awestruck at the substantial yields that the same quantity could reap by a sheer change of location. The entire world reached a new height of economic growth with every inch of the globe enjoying the waves of the new phase. There was a sudden surge in trade activities around the world accompanied by changes in the tastes and preferences of people. The consumers could no longer restrain their choices to indigenously produced commodities. A flurry of activities led to a rise in the average level of income throughout the liberalized world and very soon it was realized that people could no longer maintain their previous standard of living. In short, the liberalization move (which was the one triggering globalization) appeared to be one of the most prudent ones which had the potential to lead the world to an epitome of success (Ali, 2000).
However, what missed the perceptions of the global leaders at that time was that “liberalization” was just another version of experiencing a “multiplicative effect”. Like the gains arising in one part of the world were transmitted to the others linked to it, so did the losses arising in them proliferate to other parts. On the whole, liberalization or globalization led to a large scale contagion effect among various parts of the globe. The most significant or rather the most malicious demonstration of the reality was revealed when the global meltdown trapped the entire world in its clutches soon after the beginning of the new millennium. Though initiated in the financial market of USA, its impact soon spread to other sectors of the economy as well, all of which were integrally connected with one another. In fact, by virtue of globalization, the corresponding sectors in peer nations could not prevent the consequences too. With liberalized trade becoming the new-age mantra for economic development and growth, there was hardly any leeway left for a region to escape the ripples of an external shock. UK being a major trade partner of the USA happened to be one of the earliest ones to suffer from the shock. Actually, more than commodity trade, the two are linked together financially. But irrespective of the basis of their association, the nation badly suffered the brunt of the financial shock. The following graph depicting the GDP growth rate reveals the bitter episode that the nation went through during the period.   ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(The Potential Challenges in the UK Automobile Branch Statistics Project, n.d.)
The Potential Challenges in the UK Automobile Branch Statistics Project. Retrieved from https://studentshare.org/business/1735796-data-analysis-report
(The Potential Challenges in the UK Automobile Branch Statistics Project)
The Potential Challenges in the UK Automobile Branch Statistics Project. https://studentshare.org/business/1735796-data-analysis-report.
“The Potential Challenges in the UK Automobile Branch Statistics Project”, n.d. https://studentshare.org/business/1735796-data-analysis-report.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF The Potential Challenges in the UK Automobile Branch

Branch of Buddishm

...?Buddhism is one of the greatest religions in the World. Actually, it is more than a religion; it is a way of life and a philosophy behind it. It is a way of discovering God within. There are several main branches of Buddhism such as Theravada, Tantra, and Zen. We will take a look at Zen branch that had begun in China. First it was called Chan, then got a name Zen, which is Japanese name for Chan, because this school of Buddhism then also came to Japan. The word itself – Zen – means meditation. That is the central part of the teaching. Through the meditation a person becomes one with himself, with his body and with the subconscious. Zen developed in China in 6th century and became a main Buddhism school...
3 Pages(750 words)Essay

The UK Automobile Industry

...The UK Automotive Industry Table of Contents Introduction to the UK Automobile Industry (The beginning up to present situation) The UK Automotive Industry (what makes up the UK Automotive Industry) UK Automotive Industry Trend (Analysis of Growth and Decline), Factors that caused the growth and decline of the Automotive Industry (2003 - 06) Market Structure and its effect on competition Retail Segment of the UK Automotive Industry Factors affecting Demand Factors affecting Supply Degree of Product Differentiation in the UK Market Challenges faced by the UK...
15 Pages(3750 words)Essay

Critical challenges faced by automobile industry

...Environmental Scan Executive Summary The automobile industry is facing several critical challenges in the near future in terms of the economic and social forces that are driving the automobile market. The ways in which these challenges are met will determine whether the firm will be a success or failure. While the current environment could best be described as risky, with careful deliberation it offers several opportunities to increase sales and revenue. A positive force that is affecting the automobile market is the growing demand for automobiles. In addition, it is projected that sales will escalate further when manufacturers begin to...
2 Pages(500 words)Essay

Automobile

...Automobiles With their high-performance automobiles, BMW and Chrysler are two of the most prominent and trusted automobile manufacturers in the world. This paper intends to describe and compare a number of their product line in 2006 series. One of BMW’s economy models is the M3. This car is powered by a 3.2-liter in-line 6-cylinder engine that produces around 333 horsepower at 7,900 revolutions per minute (rpm). The fuel consumption of this car is about 23 miles per gallon (mpg) for highway cycle and 16 mpg for city driving. This sedan model comes with an air conditioning with climate control, audio anti-theft protection, smart card or smart key manual with central locking, and...
4 Pages(1000 words)Essay

Woolworths UK Management Challenges

...of the commodities offered by Woolworths are sold by other competitors such as Asda and Tesco at cheaper prices. This means that Woolworth’s decisions need to be changed to respond to these challenges. 2) External factors One of the major external factors affecting Woolworths is closely associated to its operating aspect. The retail chain industry is quite a huge industry since the numbers of stores located in the UK are numerous and this means increased competition for Woolworths. Additionally, the industry is not export oriented. Most products are sourced from outside and then bought into the region thus making players here to become susceptible to international forces that may sometimes be difficult...
10 Pages(2500 words)Essay

Health of the UK Automobile Industry

...Health of the UK automobile industry Current State of the UK Automobile Industry: Within Europe the UK Automobile industry ranks as the 4th largest, in 2007, for instance, it produced 8.8% of the total automobiles sold in the EU. In 2008, the industry employed 0.6% of the working population and ranked as the 12th largest automobile industry around the globe. However, comparisons from previous decades suggest a decline in the industry. Although the industry has maintained a strong and steady automotive output of 1.5-1.7 million units, it’s share of world vehicle manufacture has declined from 3.34% in...
3 Pages(750 words)Research Paper

Automobile Accidents

...Automobile Accidents Introduction According to the WHO (World Health Organization), more than 1.17 million demises take place throughout the world each year because of automobile accidents. They have further stated that out of the total number of death caused due to automobile accidents, 70% are witnessed in developing nations (Universiti Sains Malaysia 2004). The rate of automobile accidents throughout US and European nations is even quite high. Various researchers have figured out humongous amount of reasons due to which these accidents are caused. These accidents take place due to both internal and external reasons. Automobile drivers and other...
5 Pages(1250 words)Research Paper

Evaluating potential international relations challenges

...Evaluating potential international relations challenges Evaluating potential international relations challenges Introduction An international theory of relations is an arranged group principles that describe how the worldwide system works, and they are backed up with tangible evidence. Realism, liberalism, and nationalism are the major examples of international relation theories. These philosophies are built on the concept that countries eternally act in harmony with their state concern, or the concerns of that specific state (Dornelles, 2010). National interests frequently incorporate individual protection, army security, financial affluence, and inspiration of other...
10 Pages(2500 words)Essay

Taylor Branch

...Lecturer Pillar of Fire by Taylor Branch Introduction Pillar of Fire is a book ed by Taylor Branch in the year 1999. It is thesecond volume Taylor’s three volume magisterial histories on America; during the times of Reverend Martin Luther King Jr. Taylor Branch illustrates the civil rights period at its zenith. The first volume called Parting the Waters emerged the winner for the Pulitzer Prize for History. It is a chronicle of the movement that began in Southern black churches to challenge conscience of Americans during the President Kennedy and the President Eisenhower years in office. Taylor Branch shows hoe the civil rights struggles were played out...
2 Pages(500 words)Essay

Development and business potential of automobile industry

...of Chinese industry are USA, UK, Germany, Japan and South Korea. These facts reflect the potential of the Chinese market to capitalise on the changing market scenario of the national and international automobile industry. One of the key gaps in the automobile manufacturing process of China is that the local producers lack the skill and planning process to design vehicles compatible to the global markets. The R&D segment of most of the local producers is weak which has urged them to indulge in joint ventures with other MNCs (Canis and Morrison, 2013). The scope of operations for MNCs with the high level of designing and engineering capabilities is more in the Chinese...
10 Pages(2500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Statistics Project on topic The Potential Challenges in the UK Automobile Branch for FREE!

Contact Us