Nobody downloaded yet

How has the UK retail sector adapted to recent changes in the economic climate effectively - Literature review Example

Comments (1) Cite this document
This literature review will attempt towards exploring the adaptations that the UK’s retail sector has made to cope with the financial crisis and its after-effects. The chapter will follow a systematic procedure by introducing first the financial crisis, its reasons, and effects in United Kingdom. Discussion on UK’s retail sector…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.5% of users find it useful
How has the UK retail sector adapted to recent changes in the economic climate effectively
Read TextPreview

Extract of sample
"How has the UK retail sector adapted to recent changes in the economic climate effectively"

Download file to see previous pages The Global Financial Crisis had a profound impact on almost all parts of the world. Millions of people around the world had to change their lifestyles, many financial institutions went bankrupt, thousands of employees lost their jobs, many people ended up living on the streets, governments in most part of world had to interfere, with bail out plans regardless of the fact that how capitalistic and free market their economy was, to save their institutions. Many countries, which were climbing up the ladder of economic growth, witnessed decline in growth rates and worse, many western countries ended up posing shrinking of the economy. Stock markets in all around the world crashed very badly. The Gross Domestic Product of the world economy was 61.38 Trillion US dollars in the year 2008, which fell down to the level of 58.26 trillion in the year 2009. The trend also continued in the year 2010, however, there are no authentic figures released for the same yet (Buckley, pp. 201-203, 2011; United States Financial Crisis Inquiry Commission, pp. 28-30, 2011).
Most the countries, specifically the United States government turned towards the Keynesian school of thought of overcoming an economic recession. John Maynard Keynes, who became prominent in the United States and Europe during the great depression, strongly believed that there is no invisible hand in the economy, which causes business troughs and peaks. If an economy wants to move upwards in the business cycle then the economy will have to increase its aggregate demand, which is the sum of consumption, investment, government spending and net exports (exports minus imports). Higher aggregate demand would force the economy to move towards an upward spiral of growth and thus pushing the economy towards a boom. In hope of stimulating the economy with fiscal packages, the US government announced bailout packages of worth more than one trillion US dollars to help the economy to recover (Carpenter, Sanders & Harling, pp. 3148-352, 2011). The UK government also injected money into the economy in various fashions to help solve the liquidity crisis. The United States injected money into various corporations such Fannie Mae and Freddie Mac, ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“How has the UK retail sector adapted to recent changes in the economic Literature review”, n.d.)
Retrieved de
(How Has the UK Retail Sector Adapted to Recent Changes in the Economic Literature Review)
“How Has the UK Retail Sector Adapted to Recent Changes in the Economic Literature Review”, n.d.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
dmarvin added comment 6 months ago
Student rated this paper as
I didn’t know how to start my text. "How has the UK retail sector adapted to recent changes in the economic climate effectively?" helped me out a lot! Especially the list of structure was valuable.
The impact of out of stock in convenience sector( retail)
...? The Impact of Out of Stock in Convenience Sector (Retail) ?- Literature Review s The Impact of Out of Stock in Convenience Sector (Retail) – Literature Review A retail grocery store is present in different parts of the world, however in different forms and sizes. According to Kotler (2003), “A retail store encompasses all functions involved in the sale of goods or services to its ultimate consumers”. The retail store differs in size, intensity of service, status of formation and the varied items it sells. They are named differently according the varying elements mentioned above. They can be categorized as discount store, super...
4 Pages(1000 words)Literature review
Role of HR in developing talent at work in the banking sector (UK and US) important, as it enables managers to be responsible for the talent development activities. In addition, it gives the results of the effectiveness of the talent development activities, hence improving on the ineffective activities (Rothwell & Kazanas, 2003, p.469). 4) Conclusion Talent development is a very important component in an organization; therefore, employees must be retained after developing their talents, otherwise, the organization’s hard work will be at the benefit of another company if the employees are poached. Human resources department has also proved to be vital in the banking sector as most banks in the United States and the United Kingdom incorporate human resources when...
6 Pages(1500 words)Literature review
The Use and Impact of Total Quality Management in the UK Business Sector
...environment with its focus on the quality of service and quality practices. Now, taking this example from the research conducted, UK has witnessed the fastest and largest telecom industry population growth in the world over the last 7 years or so. It is due to this, the sector has attracted a net FDIs of approximately 7.6 billion US dollars in the period (2002-2008) (Economic survey of U.K, (2007-2008). This sector witnessed a 28.4% growth in the reinvested earnings in FDI in the last financial year. It has also reported a generation of 400,000 indirect jobs to its citizens (Chatzkel 1998). Comparison with different economies...
8 Pages(2000 words)Literature review
Measurement of Service Quality in UK Retail Banking Sector and its impact on customer satisfaction and switching behaviour of cu
...? Service quality in UK retail banking sector LITERATURE REVIEW Service quality in retail banking sector Banks lend similar kinds ofservices. However, in terms of service quality, they could provide differences. Service quality deals with the assessment of how well a service that gets delivered to the customer meets the client’s expectations. Service provided to the customer gets assessed with the aim of improving service and ensuring customer satisfaction. There is a strong relationship between service quality and the behavior of customers in the retail banking sector. Service quality can get measured by...
3 Pages(750 words)Literature review
The effect of the recent financial crises on the UK investors psyche
...?The effect of the recent financial crises on the UK investors psyche? Objective To examine the effect of UK investors purchasing power and explore how the individual investors behaviour has transformed post 2007/08 financial crisis. Abstract The paper examines the effect of the recent stock market crash of 2007 among individual investors in UK. In this study, we examine the effect of the financial crisis on the investors at a large. The discussion involved how the investors take decisions before investing in the stock market. Their behaviours are studied in order to get a real picture of the stock market investment during and after the period of financial crisis. Theories are provided to guide the behaviours and investment strategies... of subjective...
9 Pages(2250 words)Literature review
Giving economic circumstances over the last five years of how Tesco, Sainsbury and Morrisons have coped
...How Tesco, Sainsbury’s and Morrison’s have coped with Recession Due Literature review Introduction Supermarket is one of the recent concepts in UK. Since supermarkets first developed, there have been enormous changes in the environment of the food sector as a whole. The literature review part is based on academic journals, articles, books and reports written on grocery supermarket retailers. The research is on the Supermarkets in UK. In this chapter, I have studied and analyzed the works that has been done previously on this topic. In the literature review part I will analyze the companies’ performance in last five years. The companies selected are Tesco, Sainsbury and Morison. I will analyze those data along with the theoretical aspects... of that....
4 Pages(1000 words)Literature review
...remains a concern in all care settings. Most of the studies report self report as the most effective tool for pain assessment. In a study conducted by Shega et al (2005) among 115 dyads, 37 patients with dementia and 57 caregivers reported that direct self report of pain is the most appropriate tool for assessment of pain and the treatment should be done accordingly. The study suggested that the clinicians should routinely assess the pain, caregiver depression and patient agitation, as the study has reported caregiver reported pain during caregiver depression. A study by Pautex et al 2005, also supports the use of self assessment report for pain management. The prospective clinical study was conducted among 160...
8 Pages(2000 words)Literature review
How financial crisis affected businesses in the UK economy
...that UK has ever experienced. The banks were hit hard with affects on loans, mortgages, and other factors. The consumer behaviors were also greatly affected which overturned the retail market and the unemployment rates rose dramatically creating problems for many of the citizens. The impacts of the financial crisis are still seen and observed in the business operations today but the overall market has greatly recovered after the crisis. References Addo, A. 2010. The 2008 Financial Crisis: The Death of an Ideology. New York: Dorrance Publishing Davies, H. 2010. The Financial Crisis: Who is to Blame. London: Polity Elpidorou, P. 2013. The Financial Crisis and its...
6 Pages(1500 words)Literature review
UK Retail Banking Sector
14 Pages(3500 words)Essay
How has the UK retail sector adapted to recent changes in the economic climate effectively
54 Pages(13500 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 Literature review on topic How has the UK retail sector adapted to recent changes in the economic climate effectively for FREE!
logo footer
Contact us:
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us