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Challenges and Considerations in Trading Across Borders for Aston Martin

   

Added on  2022-11-25

14 Pages4639 Words453 Views
Business Project.

Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................2
Part A...............................................................................................................................................2
What are the various challenges the company consider to trading across border..................2
Why and what consideration should company must focus while trying to create positive and
social impact...........................................................................................................................5
Part 2................................................................................................................................................8
Using appropriate theoretical tools, discuss what your company needs to consider to enhance
their business..........................................................................................................................8
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11

INTRODUCTION
Business project is a the type of project which is specifically highlight to achieve the business
objective in which many Strategies and process are involved for related to task procedure
(Bekmansurov and et. al., 2019). The process of mechanization about business project is usually
decide on the basis of marketing. As a purpose of business project is classified by the content on
which to achieve defined business objective and also along with the business strategy involves
related with internal and external environment analysis and other financial terms are objectify on
the basis of specific company performance. Business project also called many different names
such as internal project and administrative project or function project which is important to
business and meet certain criteria of consideration of project that plays an important role like
temporary and unique and that should not be refundable on ongoing task. Importance of business
project management is because too and short what is being delivered and what are the main
outcomes which specify on certain task. There are various types of business project like task
management, project management and process management. It refers to the best way in order to
attract maximum number of clients and ensures that it stands at the top in comparison to other
business ventures. It is mainly designed to fulfil a specific objective. In context with a business
proposal it is a document which is used by a business facing organization where the aim of seller
is to persuade a specific buyer in accordance with purchasing all products and services
In this business report the company is considered Aston Martin is a British independent
manufacturer of luxury sports and Grand vehicles for premium customer bus stop it was founded
in year of 1913 by Lionel Martin and Robert bamford. The headquarter of Aston Martin is
situated in Gaydon, England United Kingdom. Usually Aston Martin provide there automobile
services and vehicles around the globe as it is one of the most influence automotive Company
concept which is also so consider their vehicles in Hollywood movies like James Bond. Aston
Martin competitors are counted BMW, Audi, Bentley, Rolls-Royce etc. As estimate is also deals
with premium concept of their vehicles and they have number of employees of around 3000 are
working around the world. As Aston Martin is belongs to automotive industry and also coming
with new models like sedan sports car and other concepts models (Blackburne and Buckley,
2021). There are two parts of questions part A and part B in which 8A where is challenges the
company need to consider when the trading across the border and what are the consideration that
1

company must focus on positive social impact. And second part using appropriate protocol tools
and discuss about how company need to consider enhance their business effectively
MAIN BODY
Part A
What are the various challenges the company consider to trading across border.
The situation of global trend towards the removal of trade barriers of coronavirus of opportunity
for business to export the products on a wide range of market. There are many challenges and
opportunities concept at the time of during a cross border dealing of business but some of the
challenges can make more barriers in business trading across the water that reduce the revenue as
well as scope of growth within competitive market. Introspective of Aston Martin company they
also face many challenges while dealing their vehicles business with an international or National
border are some of the challenges are might having traits of the area which influence the Aston
Martin business in Automotive competitive Marketplace. Challenges are the following below:
Changes of regulations constantly: The existing regulation Framework in countries that
one over the subject to cost and update in terms of expansion of business. That makes
keeping to alternation complicated and adding some great deal of work along with
trading policies on which the process of ensuring that our product remains consistent with
the legal requirement. Similarly in situation of Aston Martin company the regulation
changes can be counted as there Automotive products need to get changes on the basis of
government regulation effectively
Increasing the regulations: as being subject to change regulatory registration is on the
increase to governing understanding and concerned about issues which related to safety
and having a product quality with an environment. In perspective of result the
manufacturer needs to ensure their product satisfy as every increasing set of requirement
in order to legally traded. As business much need to ready to adopt the whole host of new
regulatory stipulations.
Lack of harmonized standards: In today across the globe there is lack of harmonized
standards such as business that waiting to trade in in for example the European Union the
American and the Middle East of separate pieces of registrations for each region
regulated under the specific framework (Broadstock., Matousek and Tzeremes., 2020).
2

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