Current Challenges for UK Business: Analysis & MSD Lighting Response

This research report identifies and analyzes the current challenges facing businesses in the UK, with a specific focus on MSD Lighting Ltd, an international manufacturer of lighting equipment. The report explores challenges such as technological advancements, the impact of Brexit, and the complexities of paying taxes. It investigates how these challenges affect business performance and examines the strategies MSD Lighting Ltd employs to respond to these issues. The research uses both primary and secondary data to provide a comprehensive understanding of the challenges and potential solutions, offering insights into enhancing business productivity and sustainability in the UK market. This report provides an analysis of the challenges and responses, and the Desklib platform provides access to similar solved assignments for students.

Research project
(Identify the current challenges facing business in the
UK. Analyse one UK business and evaluate how the
business has responded to these challenges)

Table of Contents
CHAPTER 1: INTRODUCTION....................................................................................................3
About the topic.......................................................................................................................3
Research rationale..................................................................................................................3
Research aim..........................................................................................................................4
Research objectives................................................................................................................4
Research questions.................................................................................................................4
Structure of the research report .............................................................................................4
CHAPTER 2: LITERATURE REVIEW ........................................................................................7
CHAPTER 3 – RESEARCH METHODOLOGY.........................................................................12
CHAPTER 4- DATA ANALYSIS................................................................................................17
CHAPTER 5- CONCLUSION, RECOMMENDATIONS AND REFLECTION........................31
CONCLUSION..............................................................................................................................31
REFERENCES .............................................................................................................................34

CHAPTER 1: INTRODUCTION
About the topic
UK is the country which is having various challenges and these challenges are impacting
business and their functions in negative manner. These are the reasons by which businesses in
UK feel problems in their operational working and other functionality. Businesses are associated
with executing various commercial activities and in this manner analysis of these issues are
significant so that performing business activities could be done in significant manner. In current
time there are many reasons and issues which are being seen within UK and these are the aspects
which are clearly aligned with external and internal business factors. By analysing these issues
business productivity can be enhanced and at the same time organisational activities could also
be enhanced in optimal manner (Donders and et. al., 2018). Analysing these aspects could
develop brand image of the organisation and in the same manner sustainability could also be
attained. The current research is associated with examining such issues that may arise within UK
and could be faced by businesses existed within UK. With the help of information gathered
under this report MSD Lighting Ltd is taken as organisation which is international organisation
dealing in manufacturing of lightning equipments. The company is facing several challenges due
to their major functions in UK and these have impact on organisational activities of the company
in negative manner. So, this research report is going to discuss methods in which business
challenges can be settled. Using these methods, the company get to know about the areas of
improvement and gain opportunities for staying sustained (Eccles, 2021).
Research rationale
The main reason of taking and performing the current research is to examine such
challenges that are being faced by businesses in managing their functions in UK. As the country
is having wider scope that may lead into providing the businesses such insights in which
different challenges could be identified that are faced by the organisation (Tüselmann and et. al.,
2016). Besides this the research will enable the organisation to take such preventive measures so
that these challenges can be mitigated and positive impacts can be drawn over business
efficiency and productivity. By analysing information from this research various challenges can
be mitigated by the organisation and which could be helpful for their long term survival and
existence. Similarly this research is based on businesses existing in UK and this would be a

helpful aspect gained by such businesses to manage their business and mitigate barriers coming
in. In this manner the research assists in gaining such positive results for the organisation as in
terms of enhancing competitive rivalry within marketplace. Besides this at personal level this
research will enhance knowledge of researcher in terms of varied skills such as research skills,
critical thinking skills. So that, these skills can be used by researcher in further researches. In this
manner sharpening of such skills, researcher may further assist in dealing with various issues and
challenges within coming researches in most effective manner.
Research aim
“To investigate the current challenges facing by business organisation in UK”. A study on MSD
Lighting Ltd.
Research objectives
To determine the current challenges present in UK for business.
To investigate the impact of above discussed challenges over the business performance.
To explore the ways by which MSD Lighting Ltd can respond to the challenges.
Research questions
 What are the current challenges present in UK for business?
 What is the impact of above discussed challenges over the business performance?
 What are the different ways by which MSD Lighting Ltd can respond to the challenges?
Structure of the research report
Introduction: In this chapter of research report various introductory facts are associated
with topic and research aspect. Under this part of the report appropriate time is spend by
researcher so that overall research can be executed appropriately. This is essential to cover all
information in such a way that good impression can be drawn. In order to formulate introduction
in significant manner researcher has focused on providing appropriate basic information.
Literature Review: This is known as the second chapter within dissertation. In this
chapter various journal articles are reviewed so that knowledge regarding research topic can be
enumerated. This section of research report is providing techniques of secondary data collection
in which information is being accumulated by various articles, journals and other sources. This
chapter is regarded as one of the most significant chapter of research as this provides
synchronisation related with research topic and gathered information as well. Besides this by

gathering data and information from books and journals knowledge regarding research topic can
be enhanced. This chapter contributes in providing better clarification within research and in the
same manner clear learning can be exerted.
Methodology: Under this chapter within dissertation various research methods are taken
so that to present various facts into framing appropriate results. The major objective of this
chapter is to gather and acknowledge collected data so that to provide authenticity to the
research. The major objective of including this into research is to provide relevancy to the
research and to gain authenticity within research as well. In this different research methodologies
are undertaken to meet pre-determined aim and objectives. As this is going to assist researcher in
exploiting various opportunities in attaining research objectives. Under this research framework,
research onion method is used and this will be followed by several research methodologies such
as data analysis, sampling and many others. The current research is based upon secondary as
well as primary methods. Primary sources help in collecting first-hand information by directly
approaching source. The present research is also taking secondary sources for gathering second
hand data from books, journals, newspapers, articles etc.
Besides this, the chapter evaluates gathered numerical information through deductive
approach . This chapter uses different research methodologies for achieving the purpose of
collection and analysis of quantitative information. On the other hand, this research paper
includes different structural reasons in which different facts and information is gathered with
greater relevancy. This could be helpful for readers to understand the given constraints. By
utilising these research approaches and components, factual information could be provided to
readers in systematic and organised manner.
Data analysis: In this dissertation various points related to research findings are
enumerated so that significant conclusion can be drawn. The main purpose of analysing collected
information is to find out the relevancy and reliability to meet pre-defined objectives of research.
Furthermore, this section is important for analysing various collected information in such a way
so that objectives and aim could be easily achieved. This section is linked with various materials
and information that supports by aims and objectives of the research. In collective manner, the
data analysis is regarded as one of the major chapter within research because it helps in attaining
aims and objectives.

Conclusion, reflection and recommendations: This is regarded as the last chapter of
dissertation in which various conclusions are drawn and these are made by inculcating various
information out of research in which differentiated data is being presented. On the other hand,
different recommendations are also framed so that they can be used for future development and
improvement. This chapter is responsible for developing significant conclusion which could be
helpful in framing appropriate understanding in relation to subject matter of the research. Along
with this, there is section about personal reflection of researcher. It facilitates in demonstrating
what has been learnt by them during the time of performing the research and it also involves
barriers that are faced by them.

CHAPTER 2: LITERATURE REVIEW
What are the current challenges present in UK for business
According to Ilie, Bondrea and Serban (2017), In current time the market and business
environment is highly dynamic in nature and this draws direct impact over the organisation in
positive or negative manner. UK is regarded as one of the prominent location in the world as the
nation is having ample opportunities for gaining growth for the business and providing them
opportunities for success as well. UK is one of the leading nation in the world and the country is
having diversified businesses in their operational era. Besides this, due to industry diversity the
companies and businesses operated within UK faces issues in their management and functions.
This creates barriers for the business in terms of functional management and acquiring business
succession as well. In this manner, businesses are responsible for overcoming these challenges
and forming strategies to mitigate the same. Business challenges are helpful in maximising
business capabilities so that business could operate along with gaining fuller contribution as well.
The main reason of creation of responsibilities within a business is to enhance their capabilities
of working and when issues are seen within business then business activities may face a dodge.
These are required to be eliminated for developing distinct insights related with sustainability
and enhancement of overall business functions. In order to manage business functions these
issues are required be examined so that to understand business trends and to inculcate the same
in functions. Some of the challenges which are being faced by businesses are enumerated as
under:
Technology: Technology is defined as an aspect that is constantly emerging in recent
times as market is highly dynamic in nature. This would lead the business to earn different
capabilities to attain aim and objectives. With the help of technology various processes are
supported in the business and the same are aligned with gaining market benefits of the business.
This is regarded as the biggest obstacle within business due to which revenue can be dropped.
This is examined that in current time customers are prone to adopt services or products of such
organisation those are having high edge in technology. Technology helps in making activities,
operations and tasks easier and convenient. Customers are very well aware about that technology
increases efficiency and effectiveness so they show their interest towards companies that have
advanced technology. In the context of retail and manufacturing sector, technology is the major
issue. It is seen that adopting technologies in business functions lead in increasing cost of the

business that ultimately decreases the profitability level. In current time, technology is
categorised as one of the essential elements that is associated with the business. It is also
believed that adoption of advanced technologies also generate various difficulties. On the
contrary change in technology may provide negative implications to the business and in this
manner implementation process of technology may take time and could be hectic as well. By
using latest and emerging technology in the business higher productivity can be inhaled by the
business and this would develop the business to gain significant market edge as well.
Brexit: Brexit is the other issue that is associated with an organisation and this challenge
is impacting aspects related with trade, operational activities and other constraints of the
business. Brexit decision has lead the organisation to inhale some changes in the business with
the motive of surviving for the longer period. These changes are required to be added within
businesses so that business insights could be developed for aligning with political and
governmental decisions. Due to the impact of Brexit, various talented employees have left the
organisation and this has put negative effect on the productivity of various businesses. This has
created pause in the different tasks and activities of business and this ultimately resulted in lower
efficiency and profit. In this manner organisation may face such challenges to execute their
business functions in such a manner that they may inhale various positive aspects rather than
negative.
Paying taxes: For a business tax is regarded as their biggest liability which may impact
the business in negative manner as direct impact is seen over profitability and market image. In
United Kingdom there is large and rigid tax system which is not easy for an organisation to align
and pay as this contains several inflexible constraints. As the legal system it takes 110 hours per
year to complete tax obligation of the organisation. As tax system is linked with developing of
various labour laws and other environmental taxes so that this is regarded as a challenging and
major aspect of the business which is tough for them to manage. In United Kingdom, they are
trying to support operative businesses and to minimise legal complexities within business
(Boning, 2018).
What is the impact of above discussed challenges over the business performance?
According to James (2020), there are various challenges that are being faced by the
businesses. In this manner, operational efficiency is hampered in the business. On the other hand,
these challenges are directly linked with business functions and operational efficiency. These

challenges are leading in minimising business efficiency that ultimately reduce the profitability
level and market image as well. When political condition of a nation is changed then this may
lead the business to alter their rules and regulations so that this would impact the business into
minimised flexibility. Besides this, increased cost in transportation and other duties create issues
in import and export of products and this creates consequences in the path of business
productivity.
The challenge related to taxation is one of the greatest challenge faced within the
business as this may create higher complexities. This challenge is providing criticality within
business as paying tax may minimise profitability of the business. In relation to issues faced by
the businesses, this is difficult for the management to stay aligned with rules and regulations of
the laws. Besides this technology is the other constraint in which higher difficulties can be faced
by the business. In the absence of technology obsolete functions can be seen within business and
this may lead into minimising overall functionality and profitability of the organisation. Besides
this when technology is not optimally used within the organisation then business processes
within organisation will be outdated and similarly this will lead into minimising profitability and
market image of the organisation. There is significant impact that is clearly seen over business
performance of such factors and these are enlightened as under:
Impact of technological challenges: Technology has power to improve productivity of
employees. Technology also helps employees to give higher attention to their other work in such
a manner that customer satisfaction can be attained. When inappropriate technology is used
within business then employees may face issues in executing business operations and in this
manner organisation may see negative implications. With the help of technology real time
information can be attained by the organisation which is helpful in gaining higher capabilities
within organisational processes. This is being observed that technology is directly linked with
gaining of prominence and business success. When businesses are facing issues in their
technology then functions can be minimised and at the same time overall cost to manage the
business can also be increased.
Impact of Brexit challenge: Brexit is one of the major decision taken in UK and EU and
this decision has lead into providing significant changes in business operations. Brexit is the
word that is given to the departure of United Kingdom from the European Union. Basically it is a
combination of exit and Britain. This is being analysed that in the context of Brexit the

businesses existing within UK are required to alter their functions and processes in such a way
that they could align these changes within business practices. For an organisation their major
focus is related with gaining higher customer involvement and satisfaction.
At the same time when decision of Brexit arrived then businesses were required to exhibit
such changes in the functionality which may lead into gaining of organisational quality. This is
seen that Brexit has given higher challenges to the business which is not at all advantageous and
in this manner issues related to managing operational efficiency.
There are certain laws and regulations which has been changed due to Brexit and this will
impact free trade policies used by the business. On the other hand supply chain is the another risk
which may be faced by businesses due to Brexit and these challenges are affecting management
of workforces in most effective manner as this is having direct linkage with customer
satisfaction.
Impact of taxes: In every organisation a separate department is formed which is
responsible to undertake financial practices in such a manner that aspects related to taxation and
financials can be understood in prominent manner. Taxation is also one of the challenges in the
business as this is a difficult task to calculate taxes with managing factor of risk so this could not
provide any harm to the business. The impact of challenges linked to taxes are high because
when wrong amount of taxes are calculated it would harm the goodwill and image of the
organisation. The inappropriate calculation of taxes may lead to lower profitability because
sometimes the person responsible for calculating tax estimates higher amount. This makes
companies to pay higher taxes and this ultimately decreases the profitability level. When
challenges related with taxation are faced by the business then overall profitability can be
minimised.
Business challenges are having direct impact over the business and its functions. This is
being analysed that these challenges are related with direct or indirect way because businesses
definitely get affected by such challenges. Besides this, in an organisation there are certain
reasons due to which several difficulties are being faced. These are related with providing certain
negative aspects.
What are the different ways by which MSD Lighting Ltd can respond to the challenges
According to Sierra-García and et. al., (2019), in the context of businesses existed in UK,
this is analysed that in order to mitigate issues of businesses there are several ways that can be

used. Mitigating these issues will lead the business to acquire various capabilities and this will be
helpful in creating longer existence. With the help of dealing with such challenges business may
have greatest impact over their sustainability due to which this is easier to create longer survival
of the business.
Using different options of mitigating challenges this could provide significant issues
within MSD Lighting Ltd in terms of profitability and market image. On the other hand these
issues are required to be managed in a timely manner in such a way that business succession
opportunities can be inhaled. In order to deal with such issues proper measure is taken to
minimise the impact of such reasons so that negative impacts can be normalised and decreased.
In order to deal with Brexit situation several changes are required to be inhaled so that
they can easily deal with changing market situations. Using such changes within business
functions may lead into providing specific edge in the business. This helps in gaining business
benefits that are helpful for longer market survival. On the other hand, in order to deal with the
problems related with technology some technological enhancements are introduced for
increasing and enhancing business practices. Using advanced technology within business is
important in order to improve overall business functions. For understanding business dealings in
significant manner technology plays important role. On the other hand, dealing with such
business issues of MSD Lighting Ltd are one of the primal aspects that is needed to be
implemented so that appropriate business insights can be gained. At the same time succession
opportunities can also be rendered. In the terms of business scenario, this can be seen that in
order to gain prominence within business acquisition of such aspects are necessary so that
business may deal with various circumstantial aspects. Significant aspects can be dealt which
could lead the business to touch new business heights in short range of time.
The impact of taxation over the MSD Lighting Ltd is high as in terms of profitability and
market prominence. This is seen that within MSD Lighting Ltd, the factors influence aspects
linked with its succession opportunities in long terms manner. This is being analysed that in long
term in order to execute various business strategies appropriate measures are taken so that
differential undertaking can be seen and market prominence can be attained.

CHAPTER 3 – RESEARCH METHODOLOGY
Research methodology is defined as such techniques which are used within research in
order to recognise significant aspects related with data processing and analysis regarding selected
topic. Research methodology allows the investigator to analyse the research topic in-depth
manner so that appropriate measures could be taken for the collection and analysis of reliable
and valid information. This chapter defines the manner in which information can be analysed in
an appropriate manner. The chapter of research methodologies has used different kinds of
methodologies which are elaborated as under:
Research Philosophy:
Research philosophy is defined as beliefs and values that are associated with real aspects
of the research. This is regarded as nature of the research in which objectives of the research can
be differentiated so that research goals can be attained. In general terms this can be said that
using set of actions and values help in managing, collecting and analysing overall study of the
research in appropriate manner (Nayak and Singh, 2021). There are two types of research
philosophies such as interpretivism and positivism. Interpretivism is related with developing
research in-depth manner along with analysing various constraints related with differential
dimension. On the other hand, positivism research philosophy is associated with analysing
aspects of research in statistical manner. Under this research positivism research philosophy is
used which is highly beneficial for the research in order to attain research objectives. Research
philosophy helps in evaluating and analysing information in systematic and proper manner.
Research Approach: It describes as one of the great dimensions in research which is
related to methodologies of research onion. Research approach is described as plan and processes
that are linked with investigation. It supports in providing detailed evaluation of research so that
pre-defined objectives could be attained within the research. The approach is divided into two
types that are: deductive and inductive approach as they both are useful for meeting pre-defined
goals in an effective manner (Babii, 2020). Deductive approach is based on evaluating
information in numerical manner whereas inductive approach is related to measure data in
qualitative manner. To conduct this particular research, researcher adopts the use of deductive
approach because current investigation is based on the collection of information in quantitative
manner so that objectives within research are met successfully. This particular research helps in
attaining objectives in appropriate and systematic manner.