Wednesday, May 8, 2019
United Kingdom Economy Assignment Example | Topics and Well Written Essays - 2000 words - 18
United Kingdom Economy - Assignment ExampleToyota bracken Paddle dilemma, the financial scandal of Lehmann Brothers, the research blunder of Coke and the Union Problems at Coke be some of the few examples that the largest Multi-National Corporations have faced in recent times. This just goes on to show that counterbalance the industry leaders are not spared by the after-effects of erroneous policies made by the management. The activation, advancement, and freedom of media and engineering have furthermore smothered the corporate environment today. The term stakeholders for a company has gone on to expand into explicable dimensions and today a single penny earned spent by a customer is driven through concepts such(prenominal) as CSR, Inflation, Charity, Savings, Discounts, Parity, Patriotism and furthermore innumerable aspects. Therefore to check an industry in todays world one must ensure that the study examines and takes into accounting system the modern-day trends and prevalent policy measures. As this will give us a better render of where the industry is going, whats happening and what needs to be done. United Kingdom, UK, globally the eighth largest economy with a Purchasing Power Parity (PPP) GDP of US$2.17 trillion as of 2010 is one of the most spirited business places in the world. The economic stability and growth in the UK are comparatively well position if compared to various developed and dominant economies in the world, for instance as per a BBC report the unemployment in the UK is approximately 8% as compared to 10% in France and 9% in the US. UK is placed at the sixth while in the line of worlds largest producers of manufactured goods and is home to some of the greatest corporate houses such as BAE Systems, British Petroleum, and Rolls-Royce to name a few.
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