How has the Global Financial Crisis influenced Consumer Behaviour with Reference to the UK Car Industry and how has the Situation Evolved over Time? By August 2012 Business School at the University of _ Masters Dissertation Table of Contents Table of Contents i List of Figures iv List of Tables vi Acknowledgements vii Declaration of Originality viii Abstract x CHAPTER 1: BACKGROUND AND OBJECTIVES 1 1.1 Overview 2 1.2 Background 4 1.3 Research motivation 5 1.4 Research Questions 6 1.5 Research Aim 7 1.6 Research Objectives 8 1.7 Chapter Summary 8 CHAPTER 2: LITERATURE REVIEW 10 2.1 Impact of the Global Financial Crisis on the United Kingdom 11 2.2 The Impact of the Gl…
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h 40 3.8.2 Plagiarism 40 3.9 Chapter Review 41 CHAPTER 4: RESULTS 42 Chapter 5: ANALYSIS AND CONCLUSIONS 55 5.1 Conclusions 55 5.2 Recommendations 56 5.3 Reflections 57 REFERENCES 59 List of Figures Figure 1.3.1: Factors influencing Car Buyer Behaviour 6 Figure 2.1.1: GDP Growth in the United Kingdom 13 Figure 2.1.2: Financial Conditions and Housing Price Developments in the United Kingdom 13 Figure 2.1.3: Unemployment in the United Kingdom during the Global Financial Crisis 14 Figure 2.1.4: Seasonally Adjusted Household Final Consumption Expenditure for the UK 16 Figure 2.1.5: UK Consumer Confidence 17 Figure 2.1.6: Seasonally Adjusted Durable Goods Expenditure Growth Rates for the United Kingdom 18 Figure 2.1.7: Seasonally Adjusted Transport Growth Rates for the United Kingdom 19 Figure 2.1.8: UK Mortgage Approvals 20 Figure 2.1.9: UK Investment Risk Appetite 20 Figure 2.2.1: New and Used Car Sales in the United Kingdom 23 Figure 2.2.2: New Car Market Volume and Value in the United Kingdom 24 Figure 2.2.3: Steps that Consumers Took to Offset Rising Fuel Prices 25 Figure 4.1: New Car Registrations for Ford in the United Kingdom 44 Figure 4.2: New Car Registrations for Vauxhall in the United Kingdom 44 Figure 4.3: New Car Registrations for Volkswagen in the United Kingdom 45 Figure 4.4: New Car Registrations for BMW in the United Kingdom 45 Figure 4.5: New Car Registrations for Audi in the United Kingdom 46 Figure 4.6: New Car Registrations for Nissan in the United Kingdom 46 Figure 4.7: Income Distribution Level of those Contemplating Buying a Car after the End of the Global Financial Crisis 49 Figure 4.8: Price Paid for Current Car in the United Kingdom after End of the Global Financial Crisis 50 Figure 4.9: Factors Initiating Decision to Buy a Current Car in the United Kingdom after the End of the Global Financial Crisis 51 Figure 4.10: Number of Models Considered when Buying a Current Car after the End of the Global Financial Crisis in the United Kingdom 52 Figure 4.11: Sources of Information Used when Deciding about Buying a Current Car after the End of the Global Financial Crisis in the United Kingdom 53 Figure 4.12: Trade-offs when Deciding about Buying a Current Car after the End of the Global Financial Crisis in the United Kingdom 54 List of Tables Table 4.1: New Car Registrations for Various Models of Cars during the Global Financial Crisis 43 Table 4.2: Most Popular Models of Cars Sold in the United Kingdom in the Year 2010 47 Acknowledgements Declaration of Originality MASTERS DISSERTATION SUBMISSION FORM Student’s family name: First names: Student ID No: Course: Supervisor: Dissertation Title: How has the Global
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The aim of this study is to investigate the impact of the global financial crisis on the UK property market. This will involve seeking data that will reveal the direct financial impacts of the crisis on the property companies, the impact on property consumers in terms of confidence and patterns, the strategic management adaptations to the crisis and the impacts of such responses.
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egration of the previous variables in the analysis of basic trends in the UK retail sector; development of solutions for the problems and challenges cited so that a better model of state policy, protective measures and regulation could be achieved. The study employed descriptive and critical account of the data gathered, using secondary sources extracted from extant body of literature on the subject.
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I also would like to thank _____________ who helped me in typing, revising and editing this paper. Without these kind and helpful people, this dissertation would not be successful. Abstract 1.1 - Significance of the Study This dissertation will give light on the study of the different risks in global or international business.
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Behaviour 19 2.5.Empirical Evidence of Changing Consumer Behaviour - Flatters & Willmott (2009) 26 2.6.Empirical Findings from Regional Surveys 27 2.7.Impact of Financial Crisis on Consumers Residing in the United Kingdom 29 2.8.Literature Gap 30 2.9.Chapter Summary 31 Chapter 3 - Research Methodology 32 3.1.Introduction 32 3.2.Research Method Used in the Study 32 3.3.Data Collection 35 3.3.1.Survey Design 35 3.3.2.Sampling of Survey Respondents 37 3.3.3.Interview Design 37 3.3.4.Sampling of Interviewees 38 3.4.Data Analysis 38 3.5.Ethical Considerations 39 3.6.Limitations of the Study 39 3.7.Chapter Summary 40 Chapter 4: Data Collection and Findings 41 4.1.Introduction 41 4.2.Findings from
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