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Critical Issues in Business Management

   

Added on  2023-01-16

9 Pages2601 Words67 Views
Economics
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CRITICAL ISSUES IN
BUSINESS MANAGEMENT
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INTRODUCTION
Business management is the act of the managing individual to attain the desired goals as
well as objectives of a business entity. To manage the different activities in the business require
following a particular procedure such as planning, organizing, directing and controlling to make
effort as a reason of attaining the entity listed goals (Budhwar and Debrah, 2013). The phase of
Brexit impact on the trading relations with other countries all around the globe. Due to Brexit,
economy earns high growth and profitability through trading operations. This report is manly
based on the post Brexit time and the fluctuations in global landscape for the globalised world. It
shows impact on the growth of the economy and develops country to get effective result.
MAIN BODY
Key trends in trade and investment between common wealth countries
This concept is mainly related with the common wealth countries which is much effective
and essential for growing in economy that effectively leads to growth and improvement of all
over the countries. As per the index, the ratio has been taken and shows that goods were exported
from one country to other are more than billions. Hence, it was great exchange of goods as well
as services (Patterson, and et. al., 2015). There are defined different trends in trade and investment
which is related to commonwealth countries such as:
Megatrends related to common wealth: A megatrend is defined as a shift in a behavior as
well as attitude that impact on the global crosses on different industries. In fluctuating
global environment, megatrend evaluation is critical for organizations seeking to drive
and sustainable growth and stay with related competition in increasing manner and
dislocate whole sector. These trends are related with the common wealth country like
UK, there was high growth in the year of 2013, where trading was highly and taking
place among the various countries but after 2013. Due to fall down different countries
impact on the economy which is based on these industries
Commonwealth trade and investment trends: The trading of goods or services in between
different countries was essential and provides outcomes in offering employment
possibilities for a large group and much individual generating money through trade and
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