Impact of Brexit on UK Business

   

Added on  2023-01-11

13 Pages2746 Words64 Views
Inquiry project
Impact of Brexit on UK Business_1
ABSTRACT
Present investigation is taken in to consideration on impact of Brexit on UK
business positively and negatively. The present study examines the benefits and the
issues that businesses of UK face after exit if Britain from EU. For knowing about it in a
detailed manner, present research consist literature review over the positive and
negative impact of Brexit. For data collection, primary method is mainly used.
Impact of Brexit on UK Business_2
Table of Contents
ABSTRACT................................................................................................................................................2
INTRODUCTION......................................................................................................................................4
Background of Research.....................................................................................................................4
Aim..........................................................................................................................................................4
Importance of topic...............................................................................................................................4
Concepts and Terminology..................................................................................................................4
Outline structure....................................................................................................................................5
METHODOLOGY.....................................................................................................................................6
Data collection.......................................................................................................................................6
Sources of Information.........................................................................................................................6
Primary or secondary...........................................................................................................................6
Qualitative or quantitative or both.......................................................................................................7
MAIN BODY..............................................................................................................................................8
Literature review....................................................................................................................................8
CONCLUSION........................................................................................................................................11
LIMITATIONS..........................................................................................................................................11
REFERENCES........................................................................................................................................12
Impact of Brexit on UK Business_3
TITLE: How Brexit would affect UK business positively and negatively.
INTRODUCTION
Background of Research
Brexit is withdrawal of United Kingdom from European Union. Following UK-wide
referendum in June, 2016, under which 52% voted to leave and also 48% to remain in
EU. Result of 2016 United Kingdom European Union membership referendum provoked
the considerable debate as to factors which contributed to vote in favor of the
withdrawal with the different explanations that being put forth. This has a significant
effect on the social and economic characteristics of the region (Baker, 2017). The effect
on businesses was also affected by the income status of people, which turn influenced
their buying behavior that contributes to a significant drop in company profitability. In
addition, the Brexit case has also changed the trading relations that are carried out with
other countries as a result of their membership with the EU a majority of the trade flow
with the EU going via a Free Trade Agreement.
Aim
“To determine positive and negative impact of Brexit on UK business.”
Importance of topic
Main importance of the topic is to get the information about the Brexit and its
positive and negative impact of Brexit on UK business. Through conducting present
investigation, researcher can able to get knowledge on the specific subject area. This
helps to increase knowledge and research abilities of an investigator to conduct similar
types of research in future (Bloom and et. al., 2019).
Concepts and Terminology
The terminologies considered in research are:
Impact of Brexit on UK Business_4

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