Report on UK Consumer Data, Legal Structures & Global Business Env.

This report provides an analysis of the UK's consumer confidential data and legal structures within the global business environment, focusing on the impact of the COVID-19 pandemic on various industries. It examines sectors that have thrived, such as the pharmaceutical industry, and those that have struggled, like the hospitality industry. The report also discusses different legal structures, including sole proprietorships, partnerships, and limited companies, weighing their pros and cons to determine the most suitable option for a new mobile phone business. Furthermore, it explores how companies can measure market competitiveness using Porter's Five Forces model, considering factors such as competition rivalry, the threat of new entrants, the power of suppliers and buyers, and the threat of substitutes. The report concludes by summarizing the key findings and providing relevant references. Desklib offers a platform for students to access this and other solved assignments for academic support.

Global business
environment

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
2 A Determine the current UK consumer confidential data:...................................................1
Part B The pros and cons of different legal structures and which would be best for them?.......4
How they could measure the competitiveness of the market structure? ....................................5
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
MAIN BODY
2 A Determine the current UK consumer confidential data:
“Impact of pandemics on Business “
The articles will explain the industry which is effected by pandemic in negative and
positive both. system of great Britain has been faced a major issues which is because of
pandemic covid 19 after that UK has entered into new business with the EU groups.
However the method of developing and enhancing the economy will be different for all
kind of enterprise in all the areas in which will required a bunch of assorted strategic
providence and create in lightness( Hacioglu, ed., 2019).
Industrial structure explains the composition of national economy activity, it is
basically classified into three common types as per to their level with in the operations
procedure, or the kind of value being added to a natural sources. After pandemic every
business get effected with the declining scale in their economy. So many of the sector is till
now facing a reduction in there sales scale. Certain industry has increased after the covid
effect and some are having a loss and it will take time to grow. Because of worldwide
lockdown the FTSE performance break down. It was break in the economic system as each
and every industry stop actioning business operations. The buying ability of users also
reduced due to high charge of unemployment. The users established depending capital
only on the necessary goods. Demand of ware has been reduced in the market place
which leads to deduction in the sales scale. As per the consumer survey report, the index
was about to - 15 in 2021, it was decline by one more point in November 21. The
industrial trend survey reported that the production has been reduced the productivity
around 23 % to 32 % in 2021 December. According the chart industries which will get
impact in up coming 12 months as well as some will struggle to be in the market place. The
industries which will be effected in both way are explained in below.
1

Firms which will be Effected
Pharmaceutical Industry : The medical industry gets the boom market during covid as the
sales of the medicines has been increased in a good amount that gives a good growth to the
medical sector. After pandemic the local merchant of medicines have started their online
website or many other services like home delivery in their areas or monthly medicines call
alert, messaging for providing an exclusive offers to their consumers. It seems that after 12
months these industries will be at high peak and having a good rate of profit in the market. It
is fastest growing industry in the market now. Some companies like A&H Ltd, Abbott
laboratories Inc., Cephalon UK Ltd, Octapharma Ltd. These are certain companies related to
this industries get the boom in the business and it will be growing in the market in up coming
years.
2

Sectors which will Struggle
Hospitality industry - These company consider hotels, food industry and many others which
will be effected by the covid effects negatively. Because of global lockdown these companies
faces the huge loss and break down in their business some of the concern has winded up as
they were not able to survive in the market palace. The hotels have to cancel their bookings
as of the guest and they have to close their business for long time as it was restricted of
incoming and outgoing of the persons. As per the survey or report their highest fall in these
sectors in last two years and till now they are providing services in low rate. The firms like
Jurys Inn, sodex event management , Green kings, Travelodge and many other industry get
the huge loss during the pandemic. As per the chart report it is explained that the sector is
highly reflected by the pandemic.
Life cycle method :
it is the model which presents the single step approach for proceeding through the levels
of a system life cycle. Adding values in the goods and services is a shared motive among
all sectors, whether public or private for profit or non profit. Cost is proceed by giving
and integrating the factors of a system into a goods and offers as per the economic
explanation and transition into operative utilisation.
3

Part B The pros and cons of different legal structures and which would be best for them?
From :
To:
Subject : Discussion regarding the new business of mobile phones.
Legal structure is the term which includes the various types of business
organisation. That is described in below:
sole trade - it is the kind of business which is being controlled by the single
person and all the risk and liabilities are paid by the only person who manages the
firm. The tax return of the investor involves the income and expenditures of the
concern (Marsden, 2020).
Pros of sole trade -
1. It requires a less amount to start a business.
2. Decision making power are in the hands of the owner.
3. The director has the power of modifying their business entity in other legal
structure.
Cons of the sole trade -
1. The capitalist have the unlimited liability.
2. In this kind of legal structure the capacity of growing funds is limited.
3. proprietor of the sole trade have to handle all the regular operations which grows
the possibility of mistakes.
Partnership - it refers to the business organisation under which two or more
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person to perform a business by investing capital. It makes an agreements that consist
a profit sharing ratio , names of partners and many others that is essential for an
agreement. In this everything is share on equal basis (Lash, 2021.).
Pros of the partnerships -
1. it is easy to form a structure.
2. this firm has an opportunity to raise a fund.
3. because of participation of various mindset, different creativity thoughts take
places in the company.
Cons of partnership -
1. Unlimited liability of partners is the huge unfavourable condition of this
structure.
2. there is a limit of partners in this kind of firms.
3. because of assorted mindsets and thinking skills there is high chances of
conflicts between partners.
Limited company - It is the kind of enterprise having separate legal entity
and rights of its own. Companies generate funds by offering equity to the
shareholders (Nguyen, 2019.). The establishment is needed to pay tax on the
profits earlier retaining and releasing it. After paying the corporation tax, the profit
is distributed as dividend to the investors.
Pros of the limited company -
1. the major benefit of this enterprise is that it is easy to raise the extra assets
due to presence of many owners.
2. Addition of priceless creditability to this business have been found due to its
vocation position.
Cons of limited company -
1. It is important for this to pay incorporation fee to the corporation house.
2. The name of an organisation are asserted to some limitations.
It is recommended from the above study that sole trade is best fitted to start the
company as it requires a less amount to invest. The whole profit generated by the
concern have been taken by the director.
5

How they could measure the competitiveness of the market structure?
It has been founded that every business organisation have to face high rivalry in the
market place. Various components have been found utilised by the company in
the market place. Porters five forces model has been utilised by the company for
the aim of getting idea in comparison of rivals (Johannsdottir, and McInerney,
2018).
1. Competition rivalry - It is defined as the accessibility of figure of rival
available in the market along with the capableness of material a institution. It
has been found that the high number of challenger offering same merchandise
and employment result in the low power of a concern arrangement.
2. Threat of new entry - It has been found that the market control power of
organisation effected by the force of new entrants into the market. The presence
of high barriers in an industry to enter is good for the existing organisations
within the structure.
3. Power of supplier - It is affected by the number of suppliers of key inputs of
a good or service, how unique these inputs are, and how much it would cost a
company to switch to another supplier.
4. power of buyer - It is affected by how many buyers or customers a company
has, how significant each customer is, and how much it would cost a company
to find new customers or markets for its output.
5. Threat of substitute - The last of the five forces focuses on substitutes.
Substitute goods or services that can be used in place of a company's products
or services pose a threat.
Market structure -
it is the degree of challenges has been a matter of interest for researches
for a long term. Oligopoly is one major kind of structure which plays a vast role in
market power. Whereas it presents a market ability in which only some producers
serve to majority of consumers. Correct example are mobiles operating systems, as
ios and automation of the marketplace.
HMRC import duty -
The director of business will not have to pay anything to the supplier. Goods
6

will be charged custom duty on all goods sent from other side of the( UK Kaul,
2019).
CONCLUSION
7

REFERENCES
Books and Journals
Hacioglu, U. ed., 2019. Digital Business Strategies in Blockchain Ecosystems: Transformational
Design and Future of Global Business. Springer Nature.
Johannsdottir, L. and McInerney, C., 2018. Developing and using a Five C framework for
implementing environmental sustainability strategies: A case study of Nordic insurers.
Journal of Cleaner Production, 183, pp.1252-1264.
Kaul, T., 2019. Importation of Private Aircraft into the European Union. Ct. Uncourt, 6, p.48.
Lash, J.P., 2021. Roosevelt and Churchill, 1939-1941: The partnership that saved the West.
Plunkett Lake Press.
Marsden, E., 2020. “Music for your breakfast” relational work in a sole trader’s intercultural
business emails. Politeness in Professional Contexts, 311, p.225.
Nguyen, N.K.H., 2019. Some applications of optimization models in management and finance.
A case study of Thuy Anh Limited Liability Company.
Wilson, B.D., and et., al., 2021. Partnership status and mental health in a nationally
representative sample of sexual minorities. Psychology of Sexual Orientation and
Gender Diversity.
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