Global Business Issues Report

Added on - 21 Jul 2020

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Global business issues
Table of ContentsINTRODUCTION...........................................................................................................................1Main Body...................................................................................................................................1CONCLUSION...............................................................................................................................3REFERENCES................................................................................................................................4
INTRODUCTIONWhile running out a business, an organisation faces a lot of issues which can negativelyaffect the operations of the company. This can lay a very deep effect on the various operationstoo (Laudon and Laudon, 2015). Thus, the business firms must look after the various eventsand actions that can effect their business operations on the global and national level and alsoimpacting the global economy on a larger level. This report will cover the impact of Brexit on thenational as well as the global economy. This will also include the impact of it on the variousbusiness operations (Sethi, 2016).Main Body'Brexit' was the major event that took the whole world's attention towards the politicaland economic conditions and the actions, that are been practised and observed by UK. TheBrexit was the event when United Kingdom decided to get separated from the European Union.This action or decision lead a major impact on the national and global economy, affecting thetrade policies and practices on a larger level. The Brexit lead the UK to alter and redesign itspolicies and trade practices and this caused a major disturbance on the economic front and thebusiness level of the companies that are having the trade relations with UK (Taylor & Francisand et.al., 2015). Many of them has to change their mode of investing, and getting back theeffective revenues from the resources that are been invested in UK. The event of Brexit alsoaffected the local business firms and has affected them to provide a better services or productsto its customers. The disturbance in the economic environment of UK had slowed down thepace of growth and development of the businesses in the country (Gooris and Peeters, 2016).Other than this, the better handling of the different operations is been in the immediaterequirement for sustaining the businesses in UK as well as the companies that are in the traderelation with UK. The Brexit voting out also lead to the economic and trade instability which hasreduced the revenue generation by the businesses in UK market (Crane and Matten, 2016).Also, post Brexit, many of the inverters have turned reluctant to effectively invest into thebusiness ventures of UK. This had lead to the gradual decrease in the various operation's thatcan lead to a better profitability and productivity (Wild, Wild and Han, 2014). The SME's havealso badly impacted as their execution of the business practices have been significantlyreduced. The business firms are now taking into the effective consideration to get back theinvested assets in the firm. Although the government of UK has taken various measures tosustain and regain the business stability, into effective consideration, but this measures seemsto be inadequate to meet the operational requirements of the company (Charles Jr,Schmidheiny and Watts, 2017). Other than this, the foreign investments have been reduced to a1
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