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REPORT PROVIDING STRATEGIC ADVICE TO ROLLS-ROYCE HOLDINGS OPERATING IN THE MANUFACTURING SECTOR OF THE UK ECONOMY 12 pages

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Escrito en
2022/2023

REPORT PROVIDING STRATEGIC ADVICE TO ROLLS-ROYCE HOLDINGS OPERATING IN THE MANUFACTURING SECTOR OF THE UK ECONOMY 12 pages










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Subido en
10 de junio de 2024
Número de páginas
5
Escrito en
2022/2023
Tipo
Ensayo
Profesor(es)
Desconocido
Grado
B

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In conclusion factors such as the UK’s current GDP, increased employment rate and high
inflation, have made it more difficult for firms like Rolls-Royce to prosper in this economy,
which is growing at a slow rate after the national lockdown caused by the COVID-19
pandemic which slowed down trade, and the implication of current affairs such as Brexit,
which erected trade barriers between the UK and the EU. However, the firm can withstand
these challenges by obtaining financial aid services, offered by the government, for
exporting, find ways to increase productivity to reduce costs and even take advantage of
factors such as high inflation by increasing its prices, because it operates in an oligopolistic
market and is therefore unlikely to lose customers. However, these strategies are temporary
solutions to combating the implications of operating in the UK, and if said implications
persist Rolls-Royce may need to consider moving operations elsewhere.




Reference List

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