Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Traditional Manufacturing Industries in the UK - Term Paper Example

Comments (0) Cite this document
The paper 'Traditional Manufacturing Industries in the UK' presents important critical changes in the structure of the UK economy, particularly in the declining of many traditional manufacturing industries and the evolution of many new growth industries, primarily in the service sector…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.2% of users find it useful
Traditional Manufacturing Industries in the UK
Read TextPreview

Extract of sample "Traditional Manufacturing Industries in the UK"

Download file to see previous pages This structural change had created disturbances in the labor market as jobs had to be redistributed from declining to growing sectors leading to significant shifts in the design of industrial specialization at both the national and regional level (Robson 2006).
Changing patterns of domestic demand—Pattern of domestic demand saw changes due to economic development. With the maturity of the economy, consumer demand changed from goods to services. Due to the increased presence of public sector services, it led to the growth of the tertiary sector. The shift in UK demand for manufactured goods grew faster than expected, which was hardly relevant for a bigger changeover for the UK industries producing goods. As the pattern of demand is also impacted by changes in the age structure of the population, it affected the demographic pattern by 1.68M fewer people in the age group of 16-24 in 1996 in comparison to 1981. Growth in education, recreation, and entertainment sectors suffered due to lack of resources. Statistics show that between 1983-1993, the total actual consumer spending at 1990 prices increased by 33.5% but on recreation, entertainment, and education it increased by 55% while on food items it went up only by 11.3% (Lam 2010).
Changes in the availability of resources—the availability of resources, as it happened very unexpectedly with oil found in 1973 and 1979 when OPEC decreased the production of oil, its prices shot upward. It directly affected the substitutes and compliments prices like coal, gas, and cars. It affected the production and employment in energy-related industries such as the steel industry (Griffith 2003).
International competition and globalization—has been a force affecting the economic structure of the UK. Due to changing consumer tastes, the introduction of new products and reducing comparative costs, economic functions got reallocated globally. For example, the UK motor-cycle industry could not meet the standards, features, and rates offered by Japanese as well as EU nations having reach o the UK market because of their membership with the EU necessitating restructuring of the UK economy.  ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(Traditional Manufacturing Industries in the UK Term Paper, n.d.)
Traditional Manufacturing Industries in the UK Term Paper. Retrieved from
(Traditional Manufacturing Industries in the UK Term Paper)
Traditional Manufacturing Industries in the UK Term Paper.
“Traditional Manufacturing Industries in the UK Term Paper”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Traditional Manufacturing Industries in the UK

Retail industries of UK

...?BACKGROUND OF THE STUDY Retail industry of UK has been one of the most growing industries over the years, specifically the food retail industry. Because of recession, the overall world economy was not growing despite of that, food retail industry has been one of the industries which reported considerable amount of growth. The food retail industry of UK has a long and solid history. It was during fifties and sixties that the concept of supermarkets and self service shops became popular which has been marked as the starting of retail industry in the United Kingdom (Hamlett, Alexander, Bailey, & Shaw, 2008). Despite of the fact that the UK economy was going through recession, but the overall sales of the industry had increased in 2009...
5 Pages(1250 words)Dissertation

Retails industries in UK

... acquired many prestigious UK companies. For example, Indian automobile manufacturer TATA group recently acquired Britain’s prestigious automobile manufacturer Jaguar and Land Rover. Inman (2009) mentioned that ‘the unemployment in UK may cross more than 3 million in near future itself as Britain's manufacturers, retailers and service industries feel the full effects of the downturn” (Inman, 2009). Lynn (2010) also expressed similar opinions as expressed by Inman. “Stakeholders such as the government, customers and dealers often hold a large stake in any negative turn the UK’s economy takes” (Lynn, 2010, p. 65). Unemployment was not a big problem in Britain before the recession. However, the scenario has changed a lot now. Many working...
21 Pages(5250 words)Dissertation

Report on the airline and aircraft and manufacturing industries

... advantages over smaller manufacturers in their use of technology to design aircrafts that provide comfort to passengers, are safe, reliable, fuel efficient and more environmentally friendly. However, this rivalry is expected to heat up when COMAC and Bombardier introduces their new aircrafts. Even though these manufacturers will have their home base as support Heizer and Render (2006) points out that: “Countries that have a stake in the 787 are more likely to buy from Boeing than from the European competitor, Airbus Industries.” This should give Boeing competitive advantage. However, this has not been proven. Boeing has only a few including Japan since France, Germany and UK are partners in Airbus and some aspects of Airbus’ operations...
16 Pages(4000 words)Essay

Cultural Industries

The element of creativity that has been present in the local planning structure and policies of such countries have led to the development of the cultural industries. The mangers and other business academicians have always recommended creativity for business prosperity. This creativity has culminated into success of cultural industries. Industries such as theater, television as well as software can be cited as examples of cultural industries (Hesmondhalgh, 2007, p.142). International Organizations like UNESCO have also adopted cultural policies like the Global Alliance for Cultural Diversity Initiative in 2004 in favor of these creative cities which have facilitated development of cultural industries. Establishment of schools and...
10 Pages(2500 words)Essay

The Traditional Media Industries in Transition

...? The Traditional Media Industries in Transition The Traditional Media Industries in Transition Introduction Futurists once predicted a 21st century society where digital technology would replace traditional forms of media, movies, books, television, telephones, radio, music system letters and photographs (Miralles, 2009). Indeed this has come to pass because today almost all traditional forms of media have been replaced by the digital systems. This is because, since the emergence of digital technology, people can nowadays send emails, communicate via mobile phones, use ATMs to withdraw cash, own computer lap tops, digital music players and digital television sets (Miralles, 2009). In addition, digital era has led to the emergence...
5 Pages(1250 words)Essay

How has Lean Manufacturing Influenced the Service Industries

... by the need of providing convenience to customers. This is related to the principles of adding value and meeting the needs of consumers as described by the architects of the lean manufacturing strategy. It is therefore notable that lean manufacturing plays a role in the design, adoption and implementation of business systems within the service industry. Opponents of lean manufacturing argue that it is a highly expensive approach and therefore not suitable for small scale service companies (Lee, Olson, Lee, Hwang & Shin, 2008, p. 977). It is evident from this argument that the costs of operations are directly influenced by lean manufacturing processes. When lean manufacturing is implemented within a company, the traditional systems...
8 Pages(2000 words)Essay

Study of The UK Food Manufacturing 2036

...Study of the UK Food Manufacturing In the UK, one of the prominent and competitive industries is the food industry and it plays an importantrole in the country’s economy. The food industry is relatively vast and can be further segmented to manufacturing and retailing. The manufacturing sector is growing competitive as more and more companies are involving food and beverage production. For assessing environment of the food manufacturing sector of the UK, three companies, namely, Hilton food Group, Tate & Lyle and Unilever were evaluated. These companies are prominent players in this sector yet relatively different from each other in terms of their respective business activities. The paper has deployed a number of strategic management...
24 Pages(6000 words)Essay


... high. On the other hand, when airlines have to exit the sector, they require writing down and absorb several losses. All these features make the airline industry cede authority to the consumers and thus, the power of buyers is moderate to high. Despite all, there is power of the supplier as there are only two major manufacturers of large commercial aircraft. In the case of a major accident, the structures of within the industry always tend to change. The airline industry is likely to undergo a technological revolution that will make air travel even safer. Normally, key aspects of the change may witness heavy investments from various industry players (Cento, 2009). Leadership within the industry also changes to help reform the industry...
2 Pages(500 words)Assignment

The Trade Union Movement in the UK

Before the ERA 1999, union membership and recognition in the UK were characterized by voluntarism, in which employers and employees could bargain over the terms and conditions of employment without any legal interference. With the statutory system ushered in by the new law, voluntary recognition of unions is no longer allowed and it becomes unlawful for British employers to deny recognition to unions under any circumstances. That conveys the impression that ERA created a radical change in British industrial relations. This paper takes the contrary view, however, and proposes that while the new industrial relations law looks revolutionary in principle, there are no fundamental changes in actuality for the change to qualify as &ldqu...
8 Pages(2000 words)Case Study

Credit Crunch in the UK

To sell more profitable subprime mortgages, mortgage companies bundled the debt into consolidation packages and sold the debt on to other finance companies. In other words, mortgage companies borrowed to be able to lend mortgages. For example, the lending was not financed out of saving accounts (Mortgage Guide).

These mortgage debts were bought by financial intermediaries. The idea was to spread the risk, but, actually, it just spread the problem. Usually, subprime mortgages would have a high-risk assessment rating. But, when the mortgage bundles got passed onto other lenders, rating agencies gave these risky subprime mortgages a low risk rating. Therefore, the financial system denied the extent of risk in their balance...
8 Pages(2000 words)Case Study

Traditional Theories of Leadership

They now focus more on doing things whilst thinking about the times that will follow; building upon their strengths and aiming to address the grey areas. The eventual emphasis within the modern theories of leadership has been centered on the premise of bringing about a change that remains abreast of the times that will come ahead (Lynch, 2006). Changing the dynamic mindset of the organizational processes and behaviors is a significant undertaking and this has rightly been pointed out by these modern theories under the leadership tenet. The visionary role of leadership has made things easier, focused on the long term actions and sought clarification from the goal setting and objectives’ regimes (Zaleznik, 1989). The new theor...
6 Pages(1500 words)Assignment

Using Computers to Teach Mathematics is Better than Traditional Methods

...Using computers to teach Mathematics is better than traditional methods Computer technology has changed the face of education, and is a useful tool in the teaching of other subjects as well with Mathematics being no exception. Various calculating devices have long been used in Mathematics, but the computer offers an even greater potential. Some teachers are reluctant to use computers, for example on the grounds that it is an expensive option and not every child has access to one at home, but its prevalence nowadays means that students should be given the opportunity to use computers in their Mathematics lessons. They have the advantage of being able to make complex calculations much quicker, demonstrate graphical visualisations, instilling...
7 Pages(1750 words)Case Study

Ethics in the Manufacturing Environment

An ethical scenario arose during my first six months in this management role involving a 21-year-old employee who I witnessed smoking pot in the parking lot over lunch break. This scenario demanded that I consider the needs of the employee, as well as satisfying my obligations for enforcing the strict drug use policy administered at the senior levels of the company. This project describes the ethical scenario in detail, offering personal reflections on the incident as well as suggesting an ethical framework for handling situations like this in the future.
The situation which occurred had a young worker smoking pot on his lunch break on the company grounds. This, according to policy, is a termination offense and it is expected...
7 Pages(1750 words)Case Study

UK Employment Policy

Analysts explain that this situation is not simply because citizens don’t want to exercise this fundamental right, but largely because of the continued failure of the governments to institute an effective implementation of employment policies put in place (Howell, 2005). It has clearly been demonstrated by Mathew (2006) that the United Kingdom government has shown a lot of unwillingness in tackling the reported unemployment crisis.

Available research findings reveal that there are high unemployment rates among UK born ethnic minorities which show great diversities. According to a 2001 report, it is shown that unemployment rates amongst UK born men and women from black, Bangladeshi and Pakistani ethnic groups were...
9 Pages(2250 words)Case Study

Toyota Motor Manufacturing in the United States

The car manufacturing industry is one of the leading industries in the world due to its overall size and its impact on the economy of any nation. However, in the current economic situation, the overall state of the automobile industry may not be encouraging at all as the economic slow down is causing a sharp decline in the aggregate demand for the cars. The demand for usual small as well as luxury cars is decreasing and so is the profitability of the automobile manufacturing firms thus making it significantly more challenging for the firms to sustain such a hostile economic environment. (Henning, 2008). Not only the automobile firms from Asia and Europe are affected by the crisis but firms like Ford and GM are probably the worst-h...
10 Pages(2500 words)Case Study

Contrast of Two Explanations of Social Disorder in Contemporary UK Society

As the process of urbanization takes off and more people start residing in major cities, the fissures start to appear within the apparent harmonious co-existence. There are several reasons why disorderly conduct on part of individuals and groups takes place. Sociologists have proposed numerous theories explaining this phenomenon.

Erving Goffman was an astute observer of society, who immersed himself in the social environment which he was studying. He carefully observed and recorded the ways in which people’s behavior and interpersonal interactions are carried out in everyday life. He notes that “people perform their social roles and, as they do so, they produce social order through their actions and the regu...
6 Pages(1500 words)Article

The Key Macro Factors that Have Influenced the UK Grocery Retailing Industry since the Early 1960s

...1. Assess the key macro factors that have influenced the UK grocery retailing industry since the early 1960s. The concept of organisational change is inherently intertwined with external threats and opportunities, which businesses must adapt to as part of strategic planning to continue long term growth. Senior and Fleming argue that the concept of organisational change has many faces, namely “convergent changes and transformational change that is organisation wide and characterised by radical shifts in strategy, mission values and associated changes of structures and systems” (In Thompson & Martin, 2005, p.41). Moreover, Johnson et al highlight that external macro-economic factors intrinsically impact strategy management and without...
13 Pages(3250 words)Assignment

The History of Regulations on Corporate Governance: Comparison between UK and USA

Corporate governance relates to the distribution of rights and obligations among stakeholders in an organization. The different practices around the world, however, have made it virtually impossible to provide a universal definition of corporate governance. The current global financial crisis is perceived to be a result of “a crisis in corporate governance”. The global penetration of Anglo-American institutions of governance and markets have given rise to a number of doubts about the effectiveness of the Anglo-American corporate governance model.

As a result, there is considerable debate over whether world economies will gravitate toward adopting a common Anglo-American corporate governance structure or will...
84 Pages(21000 words)Dissertation
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 Term Paper on topic Traditional Manufacturing Industries in the UK for FREE!

Contact Us