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The Impact of Brexit on Company Operation in Mark&Spencer UK

   

Added on  2023-06-11

12 Pages2928 Words300 Views
The impact of Brexit on
company operation in
Mark&Spencer UK

EXECUTIVE SUMMARY
The reason behind conducting this research is to identify the influence of Brexit on the
operation activity of company, With this project, an area of failure, current trends and
competition and model of analysis is conducted in order to fulfil the need and requirement of
project.

Table of Contents
EXECUTIVE SUMMARY.............................................................................................................2
INTRODUCTION...........................................................................................................................4
LITERATURE REVIEW................................................................................................................4
METHODOLOGY..........................................................................................................................7
DATA COLLECTION APPROACH .............................................................................................8
RESEARCH LIMITATION............................................................................................................9
RESULTS AND DISCUSSION......................................................................................................9
RECOMMENDATION...................................................................................................................9
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11

INTRODUCTION
Research aim:
“To identify the influence of Brexit on the company's operation and business activity”. A
study on Marks and Spencer
Objectives:
To determine the impact of Brexit on the overall performance and growth of business
To identify the Areas of Failures which are faced by Marks and Spencer at the time of
Brexit
To examine the current trends and competition in the period of Brexit and its influence on
the operation activity of Marks and Spencer
To determine the different models which helps in analysing the company's health
Research Questions:
What is the impact of Brexit on the overall performance and growth of business?
What are the Areas of Failures which are faced by Marks and Spencer at the time of
Brexit?
What are the current trends and competition in the period of Brexit and its influence on
the operation activity of Marks and Spencer?
Determine the different models which help in analysing the company's health?
LITERATURE REVIEW
Areas of Failure
Interruption in the supply chain:
It is considered as the major impact of Brexit that company faces on the business in the
market as it affects the business operation and supply chain. Brexit has created a great effect on
the functioning of the business as the prices of material has increased which is needed for
manufacturing, processing and supplying different variety of products and services (Johnson and
Haug, 2021). The company has generally stockpiled the things before the advent of Brexit in the
economy for skipping from the charge of tariff for importing European Union products. For
continuing and maintaining positive and healthy relationship between UK and EU, it is important
to provide transparency in case of any change in the rate of tariffs.
Reduced rate of EU employees:

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