Aston Martin and Brexit: Challenges and Opportunities Analysis Report

This report examines the impact of Brexit on Aston Martin, focusing on the challenges and opportunities presented by the UK's withdrawal from the European Union. It begins by defining Brexit and its implications, then outlines the aims and objectives of the research, which include assessing Brexit's effect on Aston Martin and analyzing the challenges the company faces. The scope of the research is broad, acknowledging the widespread effects of Brexit across various sectors. A literature review explores the concept of Brexit, its impact on the automotive industry, and the specific challenges faced by Aston Martin. The report includes a Gantt chart for project management and discusses Aston Martin's contingency plans. The conclusion summarizes the key findings, highlighting the significance of Brexit's impact on the company and referencing key sources. The report also includes a brief discussion on responding to trends such as new staff roles to adapt to customer's changing preferences.

Research and Study Skills

Introduction
Brexit is determined as legislation & procedure focuses on withdrawal of UK from
European Union. The UK is determined as a country that leaves EU after 47 year of
member state of EU as well as its predecessor, European community from 1 January 1973.
Therefore, they focuses on increasing their participation in European Union, custom
Union as well as European single market during the transition during transition period that
is completed on 31st December 2020.

Title: “Impact of Brexit on Aston Martin”
Aims- “To assess the effect of Brexit on Aston Martin”
Objective-
To study the concept of Brexit
To analyse the effect of Brexit on chosen company named as Aston Martin
The challenges confronted by Aston Martin, due to Brexit
Aims & Objectives

Scope-
The scope of proposal research is determined as a wider as well as border because Brexit
imposes direct effect on the whole country and its growth. Therefore, it is assessing that
Brexit is determined as a serious problem as well as issue that is arises during particular
phase of time period. There is different kind of organisation n who faces different kind of
problem due to prevailing Brexit(Humphreys and Munro, 2019).
Continue...

Literature review
To study the concept of Brexit
As per view points of (James McBride, 2019), The United Kingdom seems to have a
conflicted and occasionally controversial alliance with the European Union for decades. By
requesting opt-outs from some of the EU's core policies, such as the common currency and
the borderless European Countries, London has kept its distance from Brussels.
Continue...

To analyse the effect of Brexit on chosen company named as Aston Martin
According to the view point of (McGowan, 2017), it is assess that automotive sector is
determine as most covered sector that potentially damaging setbacks which result from
determining four within five vehicle that is made in UK which is made extended for export as
well as half of these is exported to EU.
Continue...

The challenges confronted by Aston Martin, due to Brexit
According to (Costas Pitas, 2019), Aston Martin AML.L, a British carmaker, has activated
contingency plans in preparation for a potentially chaotic Brexit, including recruiting a new
supply chain manager and planning to fly in parts and use ports other than Dover.Britain, the
world's fifth largest economy, is scheduled to leave the European Union in just over 80 days,
but a proposed withdrawal agreement is expected to be rejected by UK legislators next week,
increasing the likelihood of a "no deal" departure - and trade interruption.
Continue...

Gantt chart
Gantt chart is a technique which is used for proper administration related to time and
it helps in completing every functions in given time period. In addition to this, it is
assess that, it is a graphical representation which is used to make appropriate schedule
regarding task in proper way(Jackson, 2018) .
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Responding to trends:
Product and service development that have to be deferred by the hotels because of such
changing trends and preferences of customers:
1) New staff roles:
Development of robot delivery room services that is helping staff members to get opportunity
for
Doing focused on personalized services.
Continue

Responding to trends:
Product and service development that have to be deferred by the hotels because of such
changing trends and preferences of customers:
1) New staff roles:
Development of robot delivery room services that is helping staff members to get opportunity
for
Doing focused on personalized services.
Continue

On the basis of above given discussion, it is assess that Brexit is legislation & procedure
focuses on withdrawal of UK from European Union. The UK is determined as a country that
leaves EU after 47 year of member state of EU as well as its predecessor, European
community from 1 January 1973.
Conclusion

Freire, P.V., 2019, October. Internal Market and Brexit. In Brexit and the Future of EU
Politics (pp. 131-144). Nomos Verlagsgesellschaft mbH & Co. KG.
Humphreys, M. and Munro, D., 2019. Brexit and the Car Industry.
Jackson, O., 2018. ‘Tricky’IPO market impacted by price volatility. International Financial
Law Review.
McGowan, L., 2017. Preparing for Brexit: Actors, negotiations and consequences. Springer
References