Business Environment Assignment - Case Study

BUSINESS
ENVIRONMENT

Table of Contents
INTRODUCTION...........................................................................................................................2
(a) Considered, reasoned and critical argument as to pros and cons of continuing British
membership.................................................................................................................................2
(b) Analysing and discussing the response of businesses to local and global environmental
challenges....................................................................................................................................4
CONCLUSION ...............................................................................................................................4
REFERENCES................................................................................................................................6

INTRODUCTION
The present case study is based on the topic business environment which is the sum total
of both external and internal factor which the business must keep in mind . Also this report will
discuss the meaning of Brixit as it exit of UK from European country. It will also discuss the
impact of Brixit on the business of UK as it will impact the business to the large extent. Also it
will discuss the response of business to local and global environment and also it will examine the
impact on local market
(a) Considered, reasoned and critical argument as to pros and cons of continuing British
membership.
Brixit has been important source of uncertainty for many UK businesses and also Brixit is
likely reduce future UK productivity. Brixit affect the UK business to the large extent and also
new policies and regulation make business in stable (Prajogo, 2016). As it is very important for
the business in UK to have proper knowledge of laws and regulation.
All companies are concerned about the nature of Britain's exit from Europe especially in
terms with their EU employees. As after this there will be shortage of employees as currently
there are 3.3 million EU citizens in UK so this will affect the company to the large extent. But
the government has offered some reassurance to EU citizens.
The first task of government will be to trigger Article 50 and formally declare the UK's
intention to leave. Also half of the FDI stock in the UK originate from the EU(Hamilton and
Webster, 2018 ). By the Brexit it has been political and economical shock with affect the
business as there will be many new policies and procedures which might not favour the business
thus it will impact the business stability to the large extent and also by Britain voted to leave the
European Union as its will affect the economy as there will be many fluctuations in the economy
as in gross domestic product , inflation rate of the economy which will affect the UK
business(Deasy and et.al., 2016). And also there will also be an impact on public sector bodies as
employers ,whether that's in terms of changes to UK employment law.
Referring to the period after the 29 march 2019 to the 31 December 2020 or possibly
after to make everything in the right place and allowing the business and others to prepare for
the moment when the new post Brexit rules between the UK and EU begins may have impact in
both the positive aspects and the negative aspects to the economy(Prajogo, 2016). Continuing the